2016 (6) TMI 1426

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..... t he disallowed the claim in this year also because the SLP filed by the Department before the Hon'ble Supreme Court is pending. CIT(A) did not find it justifiable to sustain the disallowance in view of the prevailing judgement of the Hon'ble Bombay High Court in the assessee s own case. Before us, the Ld. Representative for the respondent assessee pointed out that subsequent to the dec .....

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..... 014. 2. In this appeal, the solitary issue relates to the action of the Assessing Officer in denying assessee s claim of deduction under section 80IB of the Act amounting to ₹ 49,65,220/-. The Assessing Officer noticed that though in the assessee s own case, the Hon'ble Bombay High Court had allowed the claim of the assessee in earlier year in the case reported in 339 ITR 491 (Bom), b .....

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