TMI Blog2015 (3) TMI 1275X X X X Extracts X X X X X X X X Extracts X X X X ..... urt] - Decided in favour of the assessee and against the Department. - D.B. Income Tax Appeal No. 110/2006 - - - Dated:- 17-3-2015 - Sunil Ambwani (ACJ) And Prakash Gupta, JJ. For the Appellant-Department : Parinitoo Jain For the Respondent-Assessee : Vaibhav Kasliwal on behalf of Mr.Anant Kaliwal ORDER This Income Tax Appeal, preferred by the Commissioner of Income Tax, Alwa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... claim deductions under both the sections on the gross total income independently or that deduction under section 80-I can be taken on the reduced balance after taking into account the benefit taken under section 80HH. 2. The Madhya Pradesh High Court in J.P.Tobacco Products P. Ltds. v. CIT reported in (1998) 229 ITR 123 took the view that both the sections are independent and, therefore, the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... IT v. Nima Specific Family Trust reported in [2001] 248 ITR 29 (Bom.); CIT v. Chokshi Contacts P. Ltd. [2001] 251 ITR 587 (Raj.); CIT v. Amod Stamping [2005] 274 ITR 176 (Guj.); CIT v. Mittal Appliances P. Ltd. [2004] 270 ITR 65 (MP); CIT v. Rochiram and Sons [2004] 271 ITR 444 (Raj.); CIT v. Prakash Chandra Basant Kumar [2005] 276 ITR 664 (MP); CIT v. S.B. Oil Industries P. Ltd. [2005] 274 ITR 49 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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