TMI Blog2015 (6) TMI 1044X X X X Extracts X X X X X X X X Extracts X X X X ..... rmal course of its business and that the abnormally high profit was due to extraordinary arrangement between the assessee and the German company entered into only with a view to boost the profits of the assessee and therefore allowing deduction of ₹ 20,53,26,910 ? - Tribunal held that there was no material available with the Assessing Officer to estimate the profits of the section 10A unit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing the above order of the Tribunal for the assessment year 2004-05 - Decided against revenue - Income Tax Appeal No. 1382 of 2013 - - - Dated:- 24-6-2015 - M. S. Sanklecha And N. M. Jamdar, JJ. For the Petitioner : S. V. Bharucha For the Respondent : F. V. Irani, Atul Jasani JUDGMENT 1. This appeal has been filed by the Revenue under section 260A of the Income-tax Act, 1961 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the assessee and therefore allowing deduction of ₹ 20,53,26,910 ? (b) Whether on the facts and the circumstances of the case and in law the Tribunal was justified in holding that there was no material available with the Assessing Officer to estimate the profits of the sec tion 10A unit eligible for deduction invoking the provisions of section 80-IA(10) read with section 10A(7) of the A ..... X X X X Extracts X X X X X X X X Extracts X X X X
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