Itxa/2173/2010 Of Ksons Plastics, Mumbai v. Income Tax Officer-20(1)-4, Mumbai

sas IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.2173 OF 2010 M/s. Ksons Plastics ..Appellant. V/s. Income Tax Officer 20(1)-4 ...Respondent. Dr. K. Shivram with A.R. Singh for appellant. Mr. A.S. Shivsharan for respondent. CORAM : J.P. DEVADHAR AND MRS. MRIDULA BHATKAR, JJ. DATED : 11TH JANUARY, 2011 P.C. :- 1.In this appeal, the Revenue has raised framed the following question of law:- " Whether the deduction as computed under Section 80IB should be reduced from the deduction computed U/s. 80 HHC ? " 2.Counsel on both the sides state that the aforesaid question of law has already been answered by this Court in the case of Associated Capsules Private Limited V/s. Dy. Commissioner of Income Tax (Income Tax Appeal No.3036 of 3010) decided on 10th January, 2011 in favour of the assessee and against the Revenue. 3.The appeal is disposed off accordingly with a direction to the Tribunal to recompute the deduction in the light of the aforesaid decision of this Court. No order as to costs. (MRS. MRIDULA BHATKAR, J.) (J.P. DEVADHAR, J.)