2011 (2) TMI 129 - HC - Income Tax

Deduction u/s 80-P(2)(a)(iii) - the matter is covered against the revenue by judgment of this Court in The Budhewal Co-operative Sugar Ltd. v. CIT 2009 -TMI - 34674 - PUNJAB AND HARYANA HIGH COURT - Hence it is available for deduction - Decided in the favour of the assessee

Summary

The High Court dismissed the revenue's appeal under Section 260-A of the Income Tax Act, 1961, as the matter was covered by a previous judgment in The Budhewal Co-operative Sugar Ltd. v. CIT 225 CTR 261.