Modgil Fashion Exports v. Commissioner Of Income Tax, Ludhiana

ITA,260a2014 (O&M) IN THE HIGH COURT OF PUNJAB AND HARYANA ATCHANDIGARH ITA,260a2014 (O&M)Date of decision: 25.09.2014 Modgil Fashion Exports ... Appellant ... Appellant VERSUS Commissioner of Income Tax, Ludhiana .... Respondent CORAMHON9BLE MR. JUSTICE RAJIVE BHALLAHON9BLE MR. JUSTICE AMIT RAWAL Present)Mr.Pankaj Jain, Senior Advocate, withMr.Sachin Bhardwaj, Advocate, and|Mr.Divya Suri, Advocate, for the appellant. KOK oK RAJIVE BHALLA, J. (ORAL) The appellant challenges order dated 06.03.2014, passedby the Income Tax Appellate Tribunal, Chandigarh Bench ‘A’,Chandigarh, primarily on the question of operation of Section 801A(9) of the Income Tax Act, 1961 (hereinafter referred to as the 'Act')V1S-a-vis deductions to be allowed under Sections SOHHC and SOIBot the Act. We have heard counsel for the appellant and perused theimpugned order as well as the substantial questions of law. The controversy, in hand, is no longer re-integra and hasalready been answered against the appellant in “Friends Casting P.Ltd. Vs. CIT [340 ITR 305 9P&H)|dd | Counsel for the appellant is unable to distinguish theaforesaid judgment and, therefore, as the question of law framed in ITA,260a2014 (O&M) this appeal has already been answered, we have no option but todismiss the appeal in terms of the opinion recorded in the aforesaidjudgment. Dismissed. 25.09.2014Shamsher S.Sabharwal | RAJIVE BHALLA |JUDGE|} AMIT RAWAL JUDGE