M/S. AVERY DENNISON (INDIA) PRIVATE LIMITED,GURGAON vs. ACIT, NEW DELHI

ORDER PER BENCH: These are cross appeals for assessment years 2008-09, arising out of the CIT(A)’s order dated 06.06.2014. Both the sides are in agreement, that the facts and circumstances in the year under consideration are, mutatis mutandis, similar to those of the A.Y.2007-08. Following the view taken by us for such preceding year in a separate order, we allow the appeal filed by the assessee and dismiss the appeal filed by the Revenue.

The order is pronounced in the open court on 04.12.2015