1985 (3) TMI 13

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..... s " the Act "), the Income-tax Appellate Tribunal, Indore Bench, has referred to this court the following question of law for its opinion: " Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the assessee had fulfilled all the requirements laid down in section 80RRA and was entitled to the relief granted by section 80RRA of the Income-tax Act? " .....

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..... on in foreign currency and that the only objection to accepting the claim of the assessee for deduction under section 80RRA of the Act was that he had failed to produce approval of the authority, as required by clause (ii) of sub-section (2) of section 80RRA of the Act. The Tribunal held that mere non-production of the certificate showing approval by the prescribed authority would not disentitle t .....

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..... d that absence of approval, as required by clause (ii) of sub-section (2) of section 80RRA of the Act did not disentitle the assessee from claiming deduction under section 80RRA. The Tribunal was not justified in arriving at this finding. The learned counsel for the assessee contended that an application was submitted by the assessee to the Central Government for approval. But a request seeking ap .....

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