TMI Blog2010 (8) TMI 793X X X X Extracts X X X X X X X X Extracts X X X X ..... e of ITA Nos. 273, 274, 301, 302, 303, 304, 306, 307, 309, 322, 324, 325, 327, 328, 329, 330, 331, 332, 333, 334, 335, 336, 337, 338, 339, 340, 358, 359, 363, 364 and 367 of 2010 as common questions are involved therein. 2. ITA No. 301 of 2010 has been filed by the revenue under Section 260A of the Income Tax Act, 1961 against order dated 12.10.2009 passed by the Income Tax Appellate Tribunal, A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ferred to in section 28(iiid) and 28(iiie) of Income Tax Act, 1961 means the difference between the sale price of DEPB and the face value of DEPB ignoring the fact that the entire amount represents the profit in the hands of assessee? IV. Whether on the facts and circumstances of the case the ITAT was right in law in deducting the face value of DEPB from sale price of DEPB for calculating profit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with retrospective effect from 01.04.1998? 3. Learned counsel for the parties in ITA Nos. 91, 299, 306, 307, 325, 327, 337, 338, 359 and 367 of 2010 are agreed that the matter is covered by order dated 16.8.2010 passed in ITA No. 299 of 2010 (Commissioner of Income-tax v. M/s F.C. Sondhi Company (P) Ltd.). 4. No notice has been issued in ITA Nos. 273, 274, 301, 302, 303, 304, 309, 322, 324 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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