IN THE HIGH COURT OF DELHI AT NEW DELHI
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ITA 907/2006
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COMMISSIONER OF INCOME TAX DEL ..... Appellant
Through Ms.P.L.Bansal, Advocate.
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versus
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MAHARAJA ARTS LTD ..... Respondent
Through Mr.S.K.Khurana, Advocate.
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CORAM:
HON'BLE MR. JUSTICE VIKRAMAJIT SEN
HON'BLE DR. JUSTICE S. MURALIDHAR
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O R D E R
08.12.2006
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Admit.
The following substantial question of law arises:
1.Whether income pertaining to unaccounted cash payment of Rs.36,98,150/- which
included the amount of Rs.15,00,000/- surrendered during the survey could be
treated as income from the business of exports carried on by the assessee or was
to be treated as income from other sources?
2.Whether ITAT was correct in law in allowing the deduction under section 80HHC
of the Act to the assessee on the deemed income of Rs.36,98,150/- being
unexplain ed cash payments including the amount of Rs.15,00,000/- surrendered
during the survey?
ITA 907/2006 page 1 of 2
Appellant is directed to file the paper-books within three months
in accordance with the High Court Rules.
List in due course.
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VIKRAMAJIT SEN, J
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S. MURALIDHAR, J
DECEMBER 08, 2006
'ac'
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ITA 907/2006 page 2 of 2
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