2014 (11) TMI 886

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....Appeal u/s.260A of the Incometax Act, 1961 has been filed against the judgment and order dated 02.08.1999 passed by the Income Tax Appellate Tribunal, Ahmedabad in ITA No.2800/AHD/1993. 2. Though the appeal was filed way back in the year 1999, it was not moved for more than ten years. Thereafter, MCA No.80/2000 was filed for restoration of the appeal, which was dismissed for default and vide or....

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....ormulated the following substantial question of law:                 "Whether the Appellate Tribunal is right in law and on facts in directing to allow separate relief under sec. 80HH and 80I of the Act?"           (3) Mr. R. K. Patel, learned Advocate, appearing on behalf ....

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....t which came to be dismissed on the ground of delay. The Supreme Court further observed that decision of the Madhya Pradesh High Court in the case of J.P. Tobacco Products P. Ltd. Vs. C.I.T. was followed by the same High Court in the case of CIT v. Alpine Solvex P. Ltd. in I.T.A. No.92 of 1999 decided on May 2, 2000 and that special leave petition against the same was dismissed by the Supreme Cour....

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..... Amod Stamping, (supra), to submit that this Court had also decided the controversy in favour of the assessee by holding that while computing the profits for the purpose of availing deduction under section 80I of the Act, the profits and gains of the assessee's business are not required to be reduced by the deduction admissible under section 80HH of the Act.      &....