TMI Blog2018 (12) TMI 1331X X X X Extracts X X X X X X X X Extracts X X X X ..... ial questions of law are covered by the judgment of this Court in the case of COMMISSIONER OF INCOME-TAX AND ANOTHER vs. M/s. ACER INDIA PVT. LTD.[2018 (6) TMI 1557 - KARNATAKA HIGH COURT] as decided in favour of assessee. Interest income inclusion in the eligible profits for computing deduction u/s. 80IB - Held that:- Substantial question of law is covered by the judgments of the Hon'ble Supr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e and scientific method as enunciated by the Apex Court in Rotork Controls India Pvt. Ltd., VS CIT, 314 ITR 62? 2. Whether the Tribunal was correct in holding that the assessee is entitle for deduction when excess provision towards warranty made in the previous years is not offered to tax by reversing the entries as laid down b the Apex Court in Rotork Controls India Pvt. Ltd., VS CIT, 314 IT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e judgments of the Hon'ble Supreme Court in the case of PANDIAN CHEMICALS LTD., vs. COMMISSIONER OF INCOME TAX reported in 262 ITR 278 AND liberty india ltd., vs. COMMISSIONER OF INCOME TAX reported in 317 ITR 218. Following the said judgments, the third substantial question of law is answered in favour of the Revenue and against the assessee. 5. The substantial questions of law are accordi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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