TMI Blog2020 (7) TMI 193X X X X Extracts X X X X X X X X Extracts X X X X ..... in assessee‟s own case for the immediately succeeding assessment year. Vide order [ 2010 (3) TMI 1171 - ITAT MUMBAI] the Tribunal has decided it in favour of the assessee. Revenue carried the matter before the Hon ble Bombay High Court against the said order of the Tribunal. Vide judgment [ 2013 (6) TMI 227 - BOMBAY HIGH COURT] Hon ble Bombay High Court dismissed the appeal of the Reven ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... assessment year 1998-99. 2. The only issue raised herein is against not granting deduction of ₹ 2.86 crore towards payment on account of Voluntary Retirement Scheme (VRS) relating to employees of its Calcutta unit. 3. Succinctly, the facts of the case are that the assessee is a company engaged in the business of manufacture and sale of foundry fluxes, foundry chemicals and profax. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (ITA No.4667/M/2005), the Tribunal has decided it in favour of the assessee. The Revenue carried the matter before the Hon ble Bombay High Court against the said order of the Tribunal. Vide judgment dated 08-03-2013, the Hon ble Bombay High Court dismissed the appeal of the Revenue. A copy of the judgment is available on record. 5. It is seen that section 35DDA has been inserted by the Finance ..... X X X X Extracts X X X X X X X X Extracts X X X X
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