2003 (5) TMI 10

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....assed by the Income-tax Appellate Tribunal, Jaipur. The following questions have been referred by the Income-tax Appellate Tribunal, Jaipur, for the opinion of this court: 1. Whether, in the facts and circumstances of the case, the Income-tax Appellate Tribunal was justified in holding that the assessee is entitled to claim deduction under section 80HHC in respect of counter sales effected to f....

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....he apex court in the case of CIT v. Silver and Arts Palace [2003] 259 ITR 684 and the decision of this court in the case of CIT v. Jewels Emporium in D.B. Income-tax Reference No. 9 of 1997 dated January 7, 2003. He also drew our attention to the finding of the Commissioner of Income-tax (Appeals). In para. 3.2, the Commissioner of Income-tax (Appeals) had stated that there is documentary evide....