2017 (6) TMI 1361

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Pinto for the appellant in ITXA 1825/14 and for the respondent in ITXA 1241/14. Ms. Aasifa Khan for the respondent in ITXA 1825/14 and for the appellant in ITXA 1241/14. ORDER P.C. 1. We have heard learned Counsel for the respective parties. 2. The Revenue has framed the following substantial question of law : (i) Whether on the facts and in the circumstances of the case and in law, the Tr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... (1) and (2) thereof? (ii) Whether on the facts and in the circumstances of the case and in law, the Tribunal is correct in not deciding the implication of insertion of subsection (5) to section 115JB? (iii) Whether what is specifically exempt u/s 80IB(10) could be taxed u/s 115JB? 3. So far as issue with regard to non-consideration of the submission of the assessee under Sections 115JB and 80 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... not seriously dispute that the matter is required to be remitted for reconsideration of the issue of interest u/s 234(B) and 234(C) of the Act and also about deduction u/s 80IB(10) of the Act. 6. The impugned order dated 21.02.2014 passed by the Tribunal is quashed and set aside. The Tribunal shall reconsider the case put forth by the assessee and the Revenue on all the issues afresh and on its .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X