2016 (8) TMI 955

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....r M Mehta, Advocate for the Opponent JUDGMENT ( Per : Honourable Mr. Justice KS Jhaveri ) 1. These Tax Appeals under Section 260A of the Income Tax Act, 1961 are filed against the common order dated 20.10.2006 passed by the Income Tax Appellate Tribunal in ITA Nos.1786 to 1790/Ahd/2006 raising the following substantial questions of law: "[A] Whether, in the facts and in the circu....

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....ring of embroidered cloth articles. The assessee filed its return of income on 22.11.2000 declaring 'NIL' income after claiming deduction u/s.80IA to the tune of Rs. 1,30,10,329/. The assessment was finalized u/s.143(3) on the total taxable income of Rs. 78,44,021/. While finalizing the assessment, the claim of assessee u/s.80IA was disallowed to the extent of Rs. 78,44,021/, vide order dated 18.0....