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2015 (2) TMI 315 - AT - Income TaxDisallowance u/s 10B - CIT(A) deleted the addition - Held that:- Respectfully following the judgement of Regency Creations Ltd.[2012 (9) TMI 627 - DELHI HIGH COURT], we allow the grounds of Revenue and restore the order of the AO disallowing the claim made by the assessee u/s 10B of the Act. - Decided against assessee. Eligibility for deduction u/s 10A - Cross objection - Held that:- As relying on the case of ITO vs. Neetee Clothing (P) Ltd. [2010 (1) TMI 53 - ITAT DELHI-A ] it is decided cross Objections cannot be raised, wherein an entirely new claim is sought to be made.Thus we dismiss the grounds of C.O. as "not maintainable".- Decided against assessee.
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