Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2014 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (12) TMI 1210 - AT - Income TaxDisallowance of deduction u/s 80IB - part allowance of deduction u/s 80HHC - Held that:- We have heard the arguments from either side and have gone through the order of the Hon SC giving clear cut direction to the assessee “to demonstrate the process undertaken by the assessee to convert raw diamonds in a superior commodity”. In the light of the above, we set aside the order of the CIT(A) and direct the AO to adjudicate and pass fresh order of assessment and adjudicate on the claims as made by the assessee on merits and as an law.
|