2011 (2) TMI 836

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....ocate for the appellant-assessee.   AJAY KUMAR MITTAL, J. The paper-book of this case has not been received from the concerned Branch as the same is said to have burnt in the fire incident that took place in the premises of this Court on the night of 30th January, 2011. Learned counsel for the appellant has made available two copies of paper-book to the Court for reconstruction of the f....

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....aking for the purposes of computing deduction u/s 80-I, the losses brought forward from the previous assessment years 1992-93 and 1993-94 are to be set off from the total income?   (iii) Whether in the facts and circumstances of the case the order disallowing the deduction under Section 80-I is legally sustainable, the same being based on mere presumptions and surmises and mere difference ....

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.... assessee sought refund after claiming deduction under Section 80-P(2) (a)(iii) of the Act. The assessing officer, however, refused to refund as claimed by the assessee but only allowed deduction of Rs. 90,87,694/-, under Section 80-I of the Act. The assessee claims that the Revenue does not dispute the admissibility of the assessee with regard to deduction under Section 80-I of the Act and the so....

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....cation of the assessee moved under Section 154 of the Act on 18.6.2001 for rectification of the order dated 27.3.1996 of the assessing officer was rejected vide order dated 25.10.2001. Appeal of the assessee was allowed by the Commissioner of Income Tax (Appeals), [hereinafter referred to as "CIT(A)"] vide order dated 5.11.2003. The Revenue carried appeal against the order of the CIT(A) before ....