2020 (1) TMI 1042

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....R: HONOURABLE MR. JUSTICE J.B. PARDIWALA 1. This Tax Appeal is filed under Section 260A of the Income Act, 1961 (for short the "Act") at the instance of Revenue and it is directed against the order dated 21.12.2019 passed by the Income Tax Appellate Tribunal, Ahmedabad "A" Bench, Ahmedabad in the ITA No.328/AHD/2015 for the assessment year 2008-2009. 2. The Revenue has proposed the following....

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....aid section by Finance Act, 2001 was prospective w.e.f. 01.04.2002? (c) Whether in the facts and circumstances of the case, the learned ITAT has erred in law and on facts in allowing the assessee benefit of carry forward and set off of unabsorbed depreciation of assessment year 1995-96 to 1999-2000 beyound the period of eight assessment years in contravention of applicable provisions bein....

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....a v. President of India [AIR 1982 SC 149] & ACIT Vs. Velliappa Textile Ltd. Appeal (Crl) 142 of 19947 dated 16.09.2003." 4. Mr.Varun Patel, the learned standing counsel appearing for the Revenue very fairly pointed out that the issues raised in the present appeal are no longer res-integra as those are squarely covered by decision of this Court in the case of General Motors India (P) Ltd. v. DCI....