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The Dy. Commissioner of Income-tax Corporate Circle 1 Coimbatore Versus M/s Vetal Textiles and Electronics P. Ltd

2015 (12) TMI 1551 - ITAT CHENNAI

Deduction u/s 80IA - Held that:- CIT(A) allowed the claim of the assessee for deduction u/s 80IA by following the binding judgment of the Madras High Court in Velayudhaswamy Spinning Mills (P) Ltd. (2010 (3) TMI 860 - Madras High Court ). This Tribun .....

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ities in the States of Tamilnadu and Pondicherry. The CIT(A) has rightly allowed the claim of the assessee - Decided in favour of assessee - I.T.A.No. 1694/Mds/2015 - Dated:- 9-12-2015 - SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMO .....

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7.5.2015 and pertains to assessment year 2011-12. 2. Notice of hearing was served on the assessee through Departmental Representative. The ld. DR has filed the copy of acknowledgement as proof of service of notice on the assessee. Inspite of receipt .....

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t in respect of windmill. The CIT(A), by following the judgment of the Madras High Court in the case of Velayudhaswsamy Spinning Mills (P) Ltd vs ACIT, 231 CTR 368, allowed the claim of the assessee. According to the ld. DR, the Revenue has filed SLP .....

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