2014 (6) TMI 187

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..... JUDGEMENT Dr. Manjula Chellur C. J.- The Revenue is before this court aggrieved by the orders of the Appellate Tribunal. In brief, the facts that lead to the filing of the present appeal is as under: 2. The assessee is a private limited company engaged in pre-cured tread rubber. The activities of the assessee, according to the Revenue, are manufacturing rubber treading material and rubber comp .....

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..... nal initially rejected the claim. But, later on when the Full Bench decision of the High Court in I. T. A. No. 84 of 2009, dated December 21, 2010, (Midas Polymer Compounds P. Ltd. v. Asst. CIT [2011] 331 ITR 68 (Ker) [FB]) was brought to the notice of the Tribunal, it considered the miscellaneous application. The Tribunal has also now held that the assessee is eligible for such deduction. So far .....

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