2017 (5) TMI 1579

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....Judicial Member: The present appeal has been preferred by assessee against the order dated 29.11.2016 of Ld. Commissioner of Income Tax (Appeals) [hereinafter referred to as CIT(A)], Shimla relating to assessment year 2013-14. 2. At the time of hearing, it was a common stand of the parties before the Bench that the issue addressed in the present appeal is identical to what has been decided b....

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....essing officer, for the detailed reasons mentioned in the assessment order held that the assessee was eligible for deduction u/s 80IC only @ 25% as against the claim of 100% made by the assessee. 4. The Ld. CIT(A) relying upon the aforesaid decision of the ITAT in the case of 'Hycron Electronics' (supra), dismissed the appeal of the assessee. In the aforementioned peculiar facts and circumstanc....