1 IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JODHPUR -------------------------------------------------------- 1. INCOME TAX APPEAL No. 181 of 2008 M/S HINDUSTAN ZINC LTD. V/S THE D.C.I.T.(ASSESSMENT) UDAIPUR 2. INCOME TAX APPEAL No. 103 of 2008 C I T UDAIPUR V/S M/S HINDUSTAN ZINC LTD 3. INCOME TAX APPEAL No. 180 of 2008 M/S HINDUSTAN ZINC LTD. V/S THE D.C.I.T.(ASSESSMENT) UDAIPUR 4. INCOME TAX APPEAL No. 04623 of 2008 C I T UDAIPUR V/S M/S HINDUSTAN ZINC LTD Mr. ANJAY KOTHARI, for the assessee. Mr. KK BISSA, for the Revenue. Date of Order : 6.7.2009 HON'BLE SHRI N P GUPTA,J. HON'BLE SHRI GOVIND MATHUR,J. ORDER ----- The defect pointed out in Appeal No. 04623/2008 is over-ruled. It may now be registered as regular appeal. 2 In Appeal No. 180 and other two appeals notices are issued which are accepted by the other side. Thereafter all the learned counsel submit that all the appeals may now be heard for admission on merits today itself. Since all the appeals involve common question being cross appeals, they are heard together, and are being decided by this common order. These four appeals arise out of common judgment of the Income Tax Appellate Tribunal deciding two appeals of the common assessee and the Revenue for two different years. The learned Tribunal has rightly concluded that the present case does not involve any debatable issue, and the power under Section 154 was rightly invoked. So far as the question of exclusion of interest income under Section 80 HHC is concerned, in our view, the Tribunal has rightly found that net interest income is to be excluded instead of gross interest. In our view, these appeals do not involve any substantial question of law. The same are, therefore, dismissed summarily. ( GOVIND MATHUR ),J. ( N P GUPTA ),J.