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2013 (3) TMI 353
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....arding the exclusion of sale proceeds of DEPB licence in the computation of 80HHC deduction is the issue falling for consideration in this appeal filed by the revenue. The revenue's appeal was admitted on the following substantial questions of law: "1. Whether on the facts and circumstances of the case, the Tribunal was right in remanding the issue back to Assessing Officer based on the case of....
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....essing Officer further held that the assessee firm was not entitled for any relief in respect of income by way of sale of DEPB licence and thus the Assessing Officer denied the claim of assessee for deduction under Section 80HHC. 3. Aggrieved, the assessee filed appeal before Commissioner of Income-tax (Appeals). The commissioner of Income-tax (Appeals) upheld the order of the Assessing Officer....
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....ng to the assessee. The Tribunal also directed the assessee to cooperate with the assessing officer by providing necessary details that would be required by the Assessing Officer for deciding the issue. 4. Being aggrieved by the Order of the Tribunal revenue has preferred this appeal. Heard Mr. J. Narayanasamy, learned counsel appearing for the revenue and Mr.Sridhar, learned counsel appearing ....