Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2013 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (10) TMI 318 - GUJARAT HIGH COURTExemption u/s 10A - Technical and infrastructure facilities - Held that:- both the CIT(Appeals) and Tribunal have concurrently held in favour of the assessee-respondent, on the basis of cogent material and clinching evidences adduced before both these authorities and they have elaborately discussed the material evidence and satisfied themselves rightly and they have also recorded their sound reasonings for concluding as to why availability of the benefit to the assessee-respondent in terms of exemption under Section 10A of the Act was wrongly denied by the Assessing Officer. Predominantly, we find that on the basis of the factual matrix, both these authorities have held in favour of assessee. There is nothing contrary either in law or on facts emerge before us to lead us state that any of these findings are perverse and as such give rise to any substantial question of law - Decided against Revenue.
|