TMI Blog2012 (9) TMI 646X X X X Extracts X X X X X X X X Extracts X X X X ..... ME TAX. For Respondent: SRI.E.K.NANDAKUMAR (SENIOR ADVOCATE), SRI.A.K.JAYASANKAR NAMBIAR (SENIOR ADVOCATE), SRI.K.JOHN MATHAI, SRI.P.BENNY THOMAS, SRI.P.GOPINATH, SRI.RAJA KANNAN. JUDGMENT K.Vinod Chandran, J: The above appeals, relating to the assessment years 1990-91 and 1991-92, have been filed by the Revenue raising the following questions of law: 1. Whether, on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... which was allowed by the Assessing Officer. Subsequently, noticing that the result of assessee's export business is a loss, proceedings were initiated for rectification of mistake apparent on the face of the record and the deduction was disallowed. The first appellate authority reversed the finding of the Assessing Officer and granted deduction claimed, which was confirmed by the Income Tax Appell ..... X X X X Extracts X X X X X X X X Extracts X X X X
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