Dismissing the appeal of the revenue the Court held that ; deletion of cash credits and interest thereon is a question of fact . Similarly deletion of the disallowances of provision of forward contract payable is also question of fact and no question of law arise.
CIT v. Veer Gems. (2018) 407 ITR 639 (Guj) (HC) Editorial: SLP of revenue is dismissed ; CIT v. Veer Gems. (2018) 406 ITR 37 ( St)
S.68 : Cash credits – Interest- Deletion of addition is held to be justified – Provision for forward contract -Question of fact [ S. 37(1) ,260A.]