1982 (9) TMI 99

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..... nly ground taken in this appeal states that the CIT(A) erred in setting aside the ITO's order granting relief u/s 80J of the IT Act, 1961, and directing the ITO to recompute the relief in the light of the Supreme Court decision to be delivered in future. 3. The assessee is a private limited company. It was entitled to relief u/s 80J of the Act. It claimed to calculate such relief on the gross a .....

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..... point with a direction to compute the relief u/s 80J in accordance with the final decision of the Supreme Court, which was expected very shortly. 5. Shri D.R. Chawla, the ld. representative for the department, urged that the CIT(A) erred in its decision. According to him, the CIT(A) should have decided the matter in accordance with the law as it exists today without waiting for the decision of .....

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..... ep., 1981 in IT Reference No. 67 following 1972 in the case of M/s Shoorji Vallabhdas Pvt. Ltd., the Bombay High Court has repelled an argument raised by the revenue similar to the one now raised before us by the ld. departmental representative. The Bombay High Court, in that case, has directed that the matter should be decided in accordance with the final decision of the Supreme Court. Respectful .....

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