2002 (4) TMI 215 - AT - Income Tax

Summary

The appeal by the Revenue and the C.O. by the assessee were against the order of the CIT(A), Jalandhar, relating to asst. yr. 1991-92. The main issue was the computation of deduction under s. 80HHC including interest income. The Tribunal ruled in favor of the assessee based on previous decisions and the legislative intent. The appeal of the Revenue and the C.O. by the assessee were both dismissed.