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2019 (10) TMI 81 - HC - Income TaxDisallowance of the deduction u/s 80IB( 10) - whether the appellate tribunal justified in remitting the matter to the AO, more particularly, when all the facts were on record before the appellate tribunal? - HELD THAT:- If the facts are on record, then the appellate tribunal is duty bound to look into the same and decide the matter accordingly. Remitting the matter without any justifiable reason will be nothing, but sheer waste of time. This tax appeal succeeds and is hereby allowed. The impugned order passed by the appellate tribunal is hereby quashed and set aside and the order passed by the CIT [Appeals] to the extent of eligible deduction under Section80IB (10) of the Act is concerned, is hereby affirmed. The three questions of law are answered accordingly in favour of the appellant – assessee and against the revenue.
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