2011 (2) TMI 1464 - HC - Income Tax

Summary

The Bombay High Court admitted appeals questioning the acceptance of the assessee's claim under Section 80IB(10) of the Income Tax Act. The Court ruled in favor of the assessee, citing a previous judgment in Income Tax Appeal No.1194 of 2010 [CIT V/s. Brahma Associates]. All appeals were disposed of with no costs.