2014 (3) TMI 31

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....v. JUDGEMENT :- The Court : The subject matter of challenge in this appeal by the assessee is a judgment and order dated 10th June, 2003 by which the learned Tribunal disallowed deduction under Section 80HHB of the Income Tax Act on the ground that the assessee could not file any evidence or document to show that there was any kind of project/contract with any foreign company except that he ....

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....of order the requirement of men, material, technology, cost and time is meticulously worked out, the plans got approved by principles, the equipment and technicians are carefully selected and got approved, the project is executed with high degree of know how, vigilant supervision and monitoring maintenance of highest quality, efficiency, cost and time schedules is ensured. The workmen and the work....

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....d Assessing Officer is satisfied with other requirements for eligibility for entitlement to deduction U/s. 80HHB. The assessee is granted deduction for Rs.4,32,346 and the disallowance of claim u/s.80HHB is deleted." Mr. Biswas submitted that the learned Tribunal in exercise of appellate power was duty bound to demonstrate infirmity in the finding recorded by the CIT (A), which the learned Trib....