Gujarat High Court
Commissioner vs Unknown on 12 October, 2011
Gujarat High Court Case Information System Print TAXAP/1830/2010 1/ 1 ORDER IN THE HIGH COURT OF GUJARAT AT AHMEDABAD TAX APPEAL No. 1830 of 2010 ========================================= COMMISSIONER OF INCOME TAX - I - Appellant(s) Versus M/S SHYAM INDUSTRIES - Opponent(s) ========================================= Appearance : MRS MAUNA M BHATT for Appellant(s) : 1, None for Opponent(s) : 1, ========================================= CORAM : HONOURABLE MR.JUSTICE AKIL KURESHI and HONOURABLE MS JUSTICE SONIA GOKANI Date : 12/10/2011 ORAL ORDER
(Per
: HONOURABLE MR.JUSTICE AKIL KURESHI)
Counsel
for the revenue submitted that the issue involved is with respect to
deduction under Section 80 HHC of the Act for the amount received by
the assessee upon sale of DEBP credit. It was submitted that the
issue is covered by decision of Bombay High Court in case of
Commissioner of Income Tax Vs. Kalpataru Colours and Chemicals
[328 ITR 451] and of this Court dated 28.06.2011 of Tax
Appeal No. 507 of 2010 and connected appeals.
Notice
for final disposal returnable on 16.11.2011. Direct service.
[AKIL
KURESHI, J.]
[SONIA
GOKANI, J.]
JYOTI
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