Appeal dismissed as the question of law was concluded by a prior Supreme Court decision.
The appeal is dismissed.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
745-14-itxa=.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 745 OF 2014
The Commissioner of Income Tax-2
.. Appellant
v/s.
IBI Chemature (Engineering & Consultancy) Ltd.
.. Respondent
Mr. Suresh Kumar a/w Ms. Samiksha Kanani for the appellant Mr. Sanjiv M. Shah for the respondent
CORAM : M.S. SANKLECHA & G.S.KULKARNI, J.J.
DATED : 5th OCTOBER, 2016.
P.C.
(i) Whether on the facts and circumstances of the case, the
Tribunal was correct in law, in allowing the deduction u/s 10B
1 of 2
Uday S. Jagtap
745-14-itxa=.doc
of the Income Tax Act, 1961 to the assessee, when as per Section 80(2), 80A(4) and the Circular No.7/DV/2003 dated 16/07/2013 issued the Central Board of Direct Taxes, it is clear that the deduction u/s 10B of the Income Tax Act, 1961 has to be given on total income computed as per the provisions of the Income Tax Act, considering profits of both the eligible and ineligible units?
(G.S. KULKARNI, J.) (M.S. SANKLECHA, J.)
2 of 2
Uday S. Jagtap
Colour shows how this judgement treated each authority
Commissioner of Income Tax Vs. Black and Veatch Consulting Pvt. Ltd.Followed¶21
Commissioner of Income Tax Vs. Black and Veatch Consulting Pvt. Ltd. 348 ITR 72
1 provisions across 1 enactments
Commissioner of Income Tax-2
IBI Chemature (Engineering & Consultancy) Ltd.
M.S. Sanklecha
G.S. Kulkarni
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
