TMI Blog2019 (10) TMI 835X X X X Extracts X X X X X X X X Extracts X X X X ..... in, it has been held that even a new undertaking which has claimed deduction of its eligible profits @ 100% thereof for the first five years is entitled to claim deduction @ 100% of its profits thereafter on account of substantial expansion undertaken by it. Since the decision of the Apex court in Classic Binding [ 2018 (8) TMI 1209 - SUPREME COURT] stands overruled, this in itself constitutes ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Assessee by: Sh. Tej Mohan Singlh, Advocate Revenue by: Sh. Manjit Singh, CIT DR ORDER Per B.R.R. KUMAR, AM: The present Misc. Application dated 22.03.2019 arising out of ITA No. 860/Chd/2018 has been moved by the assessee pleading therein for recalling the order dated 27.11.2018 of the Tribunal. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al No(s) 7208 of 2018 dated 20.08.2018 was reversed. It was, therefore, pleaded that the order dated 27.11.2018 be recalled. 3. The Ld. DR did not controvert the same. 4. We have gone through the entire facts of the case. Both the counsels of the parties have pointed out that the issue in the impugned appeal is covered by the decision of the Hon'ble Apex Court i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rendered subsequently, it discloses a mistake apparent from record. Hence, a mistake apparent on record has occurred in the order dated 27.11.2018 of this Tribunal. Hence, this is a fit case for recalling the said common order and for fresh hearing, which we hereby do. 5. The order dated 27.11.2018 is accordingly recalled, the appeal is restored and posted for hearing afresh for to ..... X X X X Extracts X X X X X X X X Extracts X X X X
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