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1 - 8 of 8 (0.28 seconds)Section 10A in The Income Tax Act, 1961 [Entire Act]
The Income Tax Act, 1961
Commissioner Of Income Tax vs Virgin Securities & Credits Pvt. Ltd. on 18 February, 2011
3.6 We find that the ld. Commissioner of Income-tax(Appeals) has dealt all
the objections of the Assessing Officer in remand report with regard to
admission of additional evidence. The Ld. Commissioner of Income-tax
(Appeals) has also taken into consideration the judgments of the Hon'ble
Jurisdictional High Court in the case of CIT Vs. Text Hundred India Private
Limited (supra) and CIT Vs. Virgin Securities and Credits Private Limited
(supra). In our opinion, the findings of the ld. Commissioner of Income-tax
(Appeals) in admitting additional evidences are well reasoned and no
interference on our part is required. Accordingly, we dismiss the ground No. 1
of the appeal.
The Commissioner Of Income-Tax-Iv vs Text Hundred India Pvt. Ltd. on 14 January, 2011
3.6 We find that the ld. Commissioner of Income-tax(Appeals) has dealt all
the objections of the Assessing Officer in remand report with regard to
admission of additional evidence. The Ld. Commissioner of Income-tax
(Appeals) has also taken into consideration the judgments of the Hon'ble
Jurisdictional High Court in the case of CIT Vs. Text Hundred India Private
Limited (supra) and CIT Vs. Virgin Securities and Credits Private Limited
(supra). In our opinion, the findings of the ld. Commissioner of Income-tax
(Appeals) in admitting additional evidences are well reasoned and no
interference on our part is required. Accordingly, we dismiss the ground No. 1
of the appeal.
The Commissioner Of Income Tax vs M/S.Yokogawa India Ltd, on 9 August, 2011
16. On a similar issue the Hon'ble Karnataka High Court in the case of CIT Vs
Yokogawa India Ltd. 341 ITR 385 held as under:
Section 115JB in The Income Tax Act, 1961 [Entire Act]
Cit vs Tei Technologies Pvt. Ltd on 27 August, 2012
8. Thus we find that the Tribunal did not accept the submission of the
Revenue and affirmed the action of the ld. Commissioner of Income-
tax(Appeals) in allowing unabsorbed depreciation of non-eligible unit after
computation of gross total income. Respectfully following the above decision of
the Tribunal, we also do not find any infirmity in the order of the ld.
Commissioner of Income-tax(Appeals) on the issue in dispute and accordingly
the grounds of appeal are dismissed.
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