2013 (10) TMI 877

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..... following four questions were raised: A. Whether, on the facts and in the circumstances of the case in law, the Hon'ble I.T.A.T. is right in directing to consider the inclusion of write off of Dadri asset of Rs. 4 lakhs and loss on sale/write off of fixed assets as profit of business for computing the allowable deduction under Section 32AB of the Act despite the fact that these items are not cove .....

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..... .T. is right in directing to allow the deduction of interest claimed on borrowings for payment of taxes? 3. As regards questions A & C, the High Court has admitted the appeal on these two substantial questions of law. 4. Insofar as question D is concerned, the High Court has observed that the said question does not arise from the impugned order of the Income Tax Appellate Tribunal (for short "th .....

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