2014 (9) TMI 1060 - HC - Income Tax

Deduction u/s 10A - Held that - We find that after discussing the entire issue, the ultimate finding and direction of the Tribunal is to remand the same to the Assessing Officer. The reasoning at page 73 of the paper book in para24 of the order passed by the Tribunal, which is a common order for both assessment years, we do not find that the Tribunal has decided the question. The Tribunal has merely invited the attention of all concerned to various aspects and which require a factual clarity. In these circumstances, the order of the Tribunal setting aside the order on the question or issue and restoring it to the file of the Assessing Officer does not raise any substantial question of law. The Appeal is devoid of merits. The Assessing Officer must now implement the order of the Tribunal and in accordance with law.

Summary

The Bombay High Court dismissed the appeals in the case involving Income Tax Appeal No. 973 of 2012, stating that no substantial question of law was raised. The Tribunal's decision to remand the matter to the Assessing Officer was upheld, and the Appeals were deemed devoid of merits. No costs were awarded.