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Income Tax Appellate Tribunal, “E” Bench, Mumbai
Before: Shri B.R. Baskaran (AM)& Ramlal Negi (JM)
O R D E R Per B.R. Baskaran (AM) :-
The appeal filed by the assessee is directed against the order dated 5.10.2012 passed by learned CIT(A)-5, Mumbai and it relates to A.Y. 2009-10.
None appeared on behalf of the assessee even though the case was adjourned on the last occasion at the specific request of the assessee. Hence, we proceed to dispose of the appeal ex parte, without presence of the assessee.
The only issue urged in this appeal relates to deduction claimed by the assessee u/s. 10AA of the I.T. Act.
We have heard learned Departmental Representative and perused the record. We noticed that the tax authorities have restricted the deduction u/s. 10AA of the Act by holding that sales made by the assessee from its SEZ unit to Air India will not qualify for deduction u/s. 10AA of the Act, since the same cannot be considered as export turnover. Before us no material was filed by 2 M/s. Transtec Overseas Pvt. Ltd.
the assessee to contradict the view taken by learned CIT(A). Hence, we do not find any reason to interfere with the order passed by the learned CIT(A).
In the result, appeal filed by the assessee is dismissed.
Order has been pronounced in the Court on 17.10.2016