2022 (8) TMI 32

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....CA For the Respondent : Sh. Mahesh Shah, CIT(DR) ORDER PER SAKTIJIT DEY, JM: Captioned appeal by the Revenue arises out of order dated 27.06.2017 of learned Commissioner of Income Tax (Appeals)-3, Delhi, pertaining to assessment year 2013-14. 2. Before we proceed to deal with the issue arising in the appeal, it is necessary to provide brief factual backdrop. The aforesaid appeal was....

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....hesh Shah, learned Departmental Representative. 6. As could be seen from the ground raised, the issue relates to deduction claimed by the assessee under section 80IAB of the Act. The assessee is a resident corporate entity engaged in the business of real estate development. It is also engaged in leasing of constructed property and wind power generation. In the return filed for the impugned asse....

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....resaid decision of the Assessing Officer, the assessee preferred an appeal before learned Commissioner (Appeals). 7. Being convinced with the submission of the assessee and relying upon the order passed by his predecessor in assessee's own case in assessment year 2009-10, learned Commissioner (Appeals) allowed the deduction claimed by the assessee fully. 8. Before us, it is a common point be....