2009 (11) TMI 71

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....r the revenue. Mr. Vivek Verma, Advocate, for the assessee. ORDER 1. This appeal had been preferred by the revenue under Section 260A of Income Tax Act, 1961 (for short, "the Act") against the order of Income Tax Appellate Tribunal, Chandigarh Bench 'B', Chandigarh, passed in I.T.A. No. 15/Chandi/99 and ITA Nos. 397 & 893/Chandi/97 dated 12.9.2002 for the assessment year 1992-93, 93-94 & ....

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.... appeal to this Court, it was held that the benefit of cost not related to export turnover could not be deducted from income from export incentives. However, on further appeal, the Hon'ble Supreme Court following its judgment in Hero Exports vs. Commissioner of Income Tax 295 ITR 454 (SC) set aside the view taken by this Court and remanded the matter for de novo consideration. 4. We have heard ....