2015 (10) TMI 1425

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....nt This is an appeal filed by the revenue for the assessment year 2007-08 directed against the order of Ld. CIT(A). The only ground of appeal of the revenue is as under :- 1. "The Ld. CIT(A) has erred on facts and in law in deleting the disallowance made by the AO on account of assessee's claim of deduction u/s 80IC(2)a(ii) at Rs. 10,45,816/-." 2. Ld. DR submitted that the business of ass....

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....ferent and the purchases and sales are altogether different and that the hardware and software were being designed according to the needs of the customers. The same were installed in the premises of the customer and also trains them regarding the huge hardware and software which has been installed. He referred to the relevant portion of the order of the CIT(A) wherein detailed reasons were given b....

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....uit, micro controller and other electronics part which are then developed into a final product according to the need of the customers. The assessee has developed and sold the product which controls the building elevator, lift security systems etc. The CIT(A) has recorded a finding that the finished product was entirely different from the raw material purchased. The CIT(A) has followed the decision....