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2014 (8) TMI 74

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..... sed – Decided against Revenue. - Tax Case (Appeal) No.653 of 2007 - - - Dated:- 23-7-2014 - R. Sudhakar And G. M. Akbar Ali,JJ. For the Appellant : Mr. M. Swaminathan Standing Counsel for Income Tax For the Respondent : Mr. J. Venkatanarayanan JUDGMENT (Delivered by R. Sudhakar,J.) This Tax Case (Appeal) is filed at the instance of the Revenue as against the order of the I .....

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..... of the Tribunal shows that the Tribunal remanded the case to the Assessing Officer to consider the issue whether the assessee would be entitled to the benefit of Section 80HHC of the Income Tax Act in respect of the belated receipt of sale proceeds. That order is under challenge in this Tax Case (Appeal). 3. It is stated by the learned counsel appearing for the respondent/assessee that pending .....

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..... been preferred as against the said order of the Tribunal. 5. Recording the above submission of the learned counsel appearing for the assessee, this Tax Case (Appeal) stands disposed of, as the assessee himself has accepted the order of the Tribunal dated 26.2.2009 holding that the benefit under Section 80HHC of the Income Tax Act will not accrue to the present transaction. No costs. - - Ta .....

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