2021 (7) TMI 965

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....SR. COUNSEL AND SRI. V. CHANDRASHEKAR, ADV., FOR SRI. M. LAVA, ADV.,)   RESPONDENT (BY SRI. K.V. ARAVIND, ADV.,) JUDGMENT ALOK ARADHE J. This appeal under Section 260A of the Income Tax Act, 1961 (hereinafter referred to as the Act for short) has been preferred by the assessee. The subject matter of the appeal pertains to the Assessment years 2009-10 & 2010-11. The appeal was admi....

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....xsi Vs. ACIT reported in 127 DTR 327 and consequently passed a perverse order on the facts and circumstances of the case? (d) Whether the authorities below are justified in law in charging interest under section 234 C of the Act on the facts and circumstance of the case?" 2. Facts leading to filing of this appeal briefly stated are that the assessee is a private limited company and is ....

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....for Assessment Years 2009-10 and 2010-11. 3. The assessee thereupon filed appeals before the Commissioner of Income Tax (Appeals) who by an order dated 26.03.2013 and 28.08.2014 respectively confirmed the disallowance made under Section 10B of the Act. The assessee thereupon filed an appeal before the Income Tax Appellate Tribunal (hereinafter referred to as 'the tribunal' for short). T....

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....of the Act. It is also urged that the fact that assessee has exported the goods through a third party is not disputed by the revenue. On the other hand, learned counsel for the revenue submitted that the matter deserves to be remitted to the Assessing Officer to enable him to examine whether the assessee has complied with the conditions prescribed under Section 10B of the Act. 5. We have consid....