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2012 (6) TMI 684 - HC - Income TaxWhether appeal of Revenue should be admitted and await the outcome of the decision of the Supreme Court in respect of similar question, when the question has been decided against Revenue by High Court - question regarding deduction u/s 10A without setting off the carried forward business loss and depreciation - Held that:- Supreme Court has not laid down or settled the law in this regard. Though some times this Court may await the decision of the Supreme in a pending appeal before it, if the same question is involved in matter pending before the High Court, in the instant case we do not see any justification or reason to await the decision of the Supreme Court, as in the special leave petition only notice is ordered and the appeal is yet to be admitted. Impugned question decided against Revenue. Appeal dismissed.
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