2018 (3) TMI 1973

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....the Appellant : Shri N. Murali, Advocate & Shri P.R. Renganath, Advocate For the Respondent : Shri N. Madhavan, Addl. CIT ORDER PER DUVVURU RL REDDY, JUDICIAL MEMBER: The present Miscellaneous Petition is filed by the assessee against the order of the Tribunal in I.T.A. No. 2192/Mds/2010 dated 03.04.2017 relevant to the assessment year 2006-07. The grievance of the assessee is that while passi....

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....e decision of the Tribunal in assessee's own case for the assessment year 2003-04, which relates to section 80IB of the Act and not under section 80IC of the Act. Thus, the said ground is required to be adjudicated afresh and prayed that the order of the Tribunal may be recalled to rectify the mistake apparent on record. 2. Per contra, the ld. DR submitted that there was no mistake in the order o....

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....n irretrievable loss, would be allowable as deduction from business income. We find that the Tribunal did not adjudicate the above additional grounds raised by the assessee. 4. Further, we find that while concluding the ground with regard to imputation of interest on advertisement advances, by following the decision of the Tribunal in assessee's own case for the assessment year 2003-04, the Trib....