2010 (9) TMI 1100

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....or the Respondent: Shri Manvendra Goyal ORDER Per D. Manmohan, VP:- All these appeals are filed at the instance of revenue and the main issue is with regard to eligibility to claim deduction u/s. 35(2AB) of the Income Tax Act, 1961. 2. In the appeal for A.Y. 2002-03 and 2004-05, the revenue has also challenged the order of learned CIT(A) with regard to correctness of quashing the reopening pro....

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...."B" Bench. The said appeal was disposed of by order dated 20.8.2010, wherein the Bench passed a detailed order to hold that the assessee is eligible to claim deduction u/s. 35(2AB) of the Act. Placing reliance upon the aforecited decision, learned counsel for the assessee submits that no case was made out by the Revenue even for the earlier years and thus strongly supported the orders passed by le....