Ashok Prapann Sharma vs Commissioner Of Income Tax & Anr.

Whether the Tribunal was justified in upholding the CIT(A)'s order regarding deduction under s. 10B despite unabsorbed depreciation and losses from earlier years? --- Held: No substantial question of law arises. Whether the Tribunal was correct in entertaining a ground dismissed by CIT(A) as not pressed? --- Held: No substantial question of law arises. Whether the Tribunal was justified in setting aside the issue of profit on prepayment of deferred sales tax liability under s. 41(1) based on Sulzer India Ltd. vs. Jt. CIT? --- Held: No substantial question of law arises.