2018 (1) TMI 1340

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....ish Dave, with Kadambari Dave, with Atul Jasani ORDER PC:- 1. This Appeal filed under Section 260A of the Income Tax Act, 1961 (the Act) challenges the impugned order dated 22 August 2014 passed by the Income Tax Appellate Tribunal (Tribunal) relates to the Assessment Year 2009-10. 2. The Revenue has urged the following questions of law for our consideration:- 1) "Whether in l....

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....ted its benefit in the earlier years of assessment during the span of 10 years when exemption is available thereunder. The learned counsel for the parties very fairly point out that the decision of the Karnataka High Court in the case of M/s. Ace Multi Axes Systems (Supra) has now been reverted by the Apex Court in Deputy Commissioner of Income Tax Vs. ACE Multi Axes Systems Ltd. (2017) 88 taxmann....