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TMI Blog2002 (11) TMI 58X X X X Extracts X X X X X X X X Extracts X X X X ..... e order of the Tribunal in respect of the said assessment year. - - - - - Dated:- 14-11-2002 - Judge(s) : D. K. JAIN., MS. SHARDA AGGARWAL. JUDGMENT I. T. A. No. 119 of 2002: This appeal by the Revenue under section 260A of the Income-tax Act, 1961 (for short "the Act"), is directed against the order dated November 5, 2001, passed by the Income-tax Appellate Tribunal, Delhi Bench "D", ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... was not justified as the assessee was under a bona fide belief that its income was not chargeable to tax because the interest paid had exceeded the receipt of interest. Having regard to various pronouncements, we are of the view that the order of the Tribunal in respect of the said assessment year involves a substantial question of law. However, as regards the assessment year 1991-92, the i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pecific direction to charge interest under section 234B of the Act. In view of the said authoritative pronouncement, no question of law, much less a substantial question of law, arises, from the order of the Tribunal in respect of the said assessment year. Admit. The following question of law is framed for adjudication, in respect of the assessment year 1990-91 : "Whether the Tribunal w ..... X X X X Extracts X X X X X X X X Extracts X X X X
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