2019 (3) TMI 1554

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....CE (ORAL) The instant Income Tax Appeal has been preferred by the Revenue against the order dated 16.01.2018, passed by Income Tax Appellate Tribunal Division Bench 'B', Chandigarh in ITA No. 1383/Chd/2017, titled as M/s Sansui Electronics versus The DCIT, Circle, Parwanoo, in respect of Assessment Year 2013-2014. According to the appellant- Revenue, the following substantial questions of law are....

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....ltiple "substantial expansion" prior to 01.04.2012 and there will be initial year for each "substantial expansion" as long as provisions of section 80-IC (ix) are met without appreciating that as per provisions of Section 80-IC of the Income Tax Act and as explained in CBDT Circular No. 7/2003, such enterprise or undertaking cannot carry out any "substantial expansion"? 2. During the course of he....