Chapter VI-A deduction admissible in computing undisclosed income or loss under block assessment

HIGH COURT OF ALLAHABAD Commissioner of Income-tax Versus Anil Sarin IT APPEAL NO. 121 OF 2007 DECEMBER 12, 2012 ORDER 1. Present appeal has been filed under Section 260-A of the Income tax Act, 1961 (hereinafter referred to as the Act) against the order dated 18th April, 2002 passed by the Income Tax Appellate Tribunal, Agra Bench, Agra. The appeal has been admitted vide order dated 5th February, 2010 on the following substantial question of law: “(1) Whether the Tribunal was legally correct in directing the A.O. to allow deductions claimed by the assessee under Chapter...