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TMI Blog2020 (11) TMI 485X X X X Extracts X X X X X X X X Extracts X X X X ..... eep Begmar JUDGMENT [ Order of the Court was made by T. S. SIVAGNANAM , J. ] These appeals have been filed by the appellant/Revenue under Section 260 A of the Income Tax Act, 1961 ('the Act' for brevity), is directed against the order dated 27.06.2019 passed by the Income Tax Appellate Tribunal, Madras 'B' Bench, Chennai ('the Tribunal' for brevity) in I.T.A.No.2967/Chn ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... deduction u/s.10A and 10B is to be allowed while computing gross total income of eligible undertaking under Chapter-IV of the Income Tax Act?" 2. We have heard M/s.Hemalatha, learned counsel appearing for the appellant/Revenue and Mr.R.Sandeep Begamar, learned counsel for the respondent/assessee. 3. It may not be necessary for this Court to decide the Substantial Questions of Law framed for co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... laration under Section 4 on or before the last date files a declaration to the designated authority in accordance with the provisions of Section 4 in respect of tax arrears, then, notwithstanding anything contained in the Income Tax Act or any other law for the time being in force, the amount payable by the declarant shall be determined in terms of Section 3(a-c) thereunder. 5. The First Proviso ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with Immunity from initiation of proceedings in respect of offence and imposition of penalty in certain cases. Section 9 of the Act deals with cases, where the Act 3 of 2020 will not be applicable. 6. We are informed by the learned counsel for the respondent/assessee that the assessee has already filed the declarations under Section 4 of the Act on 12.05.2020. 7. In the light of the fact that t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... yer is made, the Registry shall entertain the prayer without insisting upon any application to be filed for condonation of delay in restoration of the appeals and on such request made by the assessee by filing a Miscellaneous Petition for Restoration, the Registry shall place such petition before the Division Bench for orders. 8. With this observation, the Tax Case Appeals stand disposed of with ..... X X X X Extracts X X X X X X X X Extracts X X X X
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