2009 (4) TMI 1039

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d counsel for the rival parties. Perused appeal. 2. By this appeal, the following questions of law are sought to be raised by the appellant- Revenue: (A) Whether on the facts and on in the circumstances of the case and law, the I.T.A.T. is right in directing the A.O. to tax the dividend income on net basis? (B) Whether on the facts and in the circumstances of the case and law, the ITAT i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... turing Co., 249 ITR 460; C.I.T. v. Chemet, 240 ITR 624; and C.I.T. v. Gannon Dunkerly Co., 114 CTR 56. 4. So far question-C is concerned the same is also covered by the judgment of this Court in the case of C.I.T. v. Narendra D. Desai, (2008) 214 CTR 190. 5. In the above view of the matter, no substantial question of law is involved in this appeal. Appeal is dismissed in limine with no ord .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X