In Mumbai v. M/S.pardiam Exports Pvt.ltd, the High Court (2010) allowed the appeal.
Issue: DATED : DECEMBER 1, 2010 P.C. :- 1 The question raised in this appeal is whether ITAT was justified in holding that the assessee is entitled to deduction under Section 10A of the Income Tax Act, 1961.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 221 OF 2010
The Commissioner of Income-Tax-7,Mumbai...Appellantvs.M/s.Pardiam Exports Pvt.Ltd....Respondent
Mr.Suresh Kumar for the Appellant. Mr.Deepak Tralshawala with Mr.V.S. Hadade for the Respondent.
CORAM : J.P. DEVADHAR AND
MRIDULA BHATKAR, JJ.
DATED : DECEMBER 1, 2010
P.C. :-
1
The question raised in this appeal is
whether ITAT was justified in holding that the
assessee is entitled to deduction under Section 10A of the Income Tax Act, 1961.
2Perusal of the order of the Tribunal shows
that the Tribunal has allowed the claim of the
assessee by following its decision in the case of the assessee for the earlier years.
3The learned Counsel for the Revenue states that the appeal filed by the Revenue in the case of assessee for the earlier years (Income Tax Appeal No.2188/2009) has been dismissed on 30[th] November, 2009.
4dismissed.
In this view of the matter, we see no merit
in the present appeal and the same is hereby
(MRIDULA BHATKAR, J.)
(J.P. DEVADHAR, J.)
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