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Income Tax Appellate Tribunal, DELHI BENCHES : SMC-I : NEW DELHI
Before: SHRI R.S. SYAL
ORDER This appeal filed by the Revenue is directed against the order passed by the CIT(A) on 19.03.2015 in relation to the assessment year 2010-11.
The only issue raised in this appeal is against allowing of benefit of section 80IC(2)(b) to the assessee.
At the time of hearing, the ld. AR submitted that the issue involved in the present appeal is covered against the Revenue by the order of the Tribunal in the assessee’s own case for the A.Y. 2008-09. A copy of such order was placed on record. The ld. DR fairly conceded that the issue involved is covered in favour of the assessee by the aforementioned order of the Tribunal.
I have heard the rival but common submissions and perused the relevant material on record. It is observed that the Tribunal vide its order dated 14.06.2016 in for the AY 2008-09 in the assessee’s own case, under the facts and circumstances mutatis mutandis similar to those for the year under consideration, has allowed the benefit of section 80IC. In the absence of any change in the factual or legal position brought to my notice by the ld. DR, respectfully following the Tribunal order, I confirm the impugned order allowing the benefit of section 80IC(2)(b) to the assessee.
In the result, the appeal is dismissed.