SUPREME COURT OF INDIA
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SPECIAL LEAVE TO APPEAL (C) NO. 12483 OF 2015
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Commissioner of Income-tax, Tirupur........................................................Appellant.
v.
Poppy's Knitwear (P.) Ltd.
.........................................................................Respondent |
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A.K. SIKRI AND MRS. R. BANUMATHI, JJ.
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| Date :DECEMBER 14, 2015 |
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| Appearances |
Bhaswati Anukampa, Ms. N.K. Kaur, T.C. Sharma, R.M. Bajaj and Mrs. Anil Katiyar, Advs. for the Petitioner.
Gautam Awasthi, Adv. for the Respondent.
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Section 80IA of the Income Tax Act, 1961 — Deduction — SLP granted against High Court's ruling that where loss of assessee's business undertaking incurred in earlier years was already absorbed against other Income of business enterprises, assessee was entitled to claim deduction under section 80IA — Commissioner of Income Tax vs. Poppy's Knitwear P. Ltd.
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ORDER
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1. Heard.
2. Delay condoned.
3. Leave granted.
4. Tag along with Civil Appeal No. 2596 of 2012 and connected matters.
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[2016] 242 TAXMAN 176 (SC) |
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