2021 (10) TMI 1360 - SCH - Income Tax

Deduction u/s 35(2AB) - Appellant not entitled to deduction u/s 35(2AB) to the extent the expenses eligible for deduction under the said provision pertained to a unit entitled for deduction under Section 10B - HC held insofar as it pertains to the finding that the assessee is not entitled to claim deduction under Section 35(2AB) of the Act is hereby quashed - HELD THAT - Issue notice. Dasti in addition is permitted.

Summary

The Supreme Court issued an order allowing the petitioner to serve notice and permitted Dasti. The case is tagged with SLP(C) No. 5202-5249 of 2017. Justices A.M. Khanwilkar and C.T. Ravikumar presided over the judgment.