Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2014 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (2) TMI 1345 - GUJARAT HIGH COURTUnutilized CENVAT/MODVAT credit - Revenue submitted that section 145A was introduced with effect from 1st April 1999 which would govern the present situation and not the decision of Commissioner of IncomeTax v. Indo Nippon Chemicals Company Limited [2003 (1) TMI 8 - SUPREME COURT] which was rendered in background of the statutory provisions prevailing before that date - Held that:- Tax Appeal is admitted for consideration of the following substantial question of law : “Whether the Appellate Tribunal has substantially erred in upholding the order of the CIT [A] in deleting the addition made by the Assessing Officer on account of unutilized Cenvat/Modvat credit of ₹ 1,98,868/- ?”
|