2015 (7) TMI 1065

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....vocate ORDER PER N.R.S.GANESAN, JUDICIAL MEMBER This appeal of the Revenue is directed against the order of the Commissioner of Income-tax (Appeals)-I, Coimbatore, dated 12.11.2014 and pertains to assessment year 2011-12. 2. The only issue arises for consideration is with regard to deduction u/s 80IA of the Act. 3. We heard Shri A.V.Sreekanth, Ld. Departmental Representative and Shr....

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....t in Velayudhaswamy Spinning Mills (P) Ltd (supra) allowed the claim of the assessee. 5. After hearing both parties, we find that mere pendency of the SLP before the Apex Court cannot be a reason for not following the judgment of the Jurisdictional High Court. It is not in dispute that the judgment of the Jurisdictional High Court is squarely applicable to the facts of the case. Therefore, the ....