Where the assessee claimed deduction under section 10B in respect of \u2018Site Transfer Income\u2019 relating to two eligible units and the Assessing Officer denied the deduction on the ground that such income was not derived from the business of the eligible undertaking, while the Tribunal allowed the claim without recording reasons as to how the \u2018Site Transfer Income\u2019 constituted income derived from the business of the undertaking, the High Court remanded the matter to the Tribunal for deciding the claim under section 10B afresh with respect to the \u2018Site Transfer Income\u2019. Followed, Assistant Commissioner, Commercial Tax Department, Works Contract and Leasing\u00a0v.\u00a0Shukla and\u00a0Brothers\u00a0\u00a0[2010] 3\u00a0 taxann.com 622 (SC), \u00a0UOI\u00a0v.\u00a0Mohan Lal Capoor\u00a0[1974] 1 SCR 797, Santosh Hazari\u00a0v.\u00a0Purushottam Tiwari(deceased) by LRs [2001] 3 SCC 179, wherein the Supreme Court held that\u00a0 Order passed by a quasi-judicial authority affecting the parties’ rights must speak for itself. \u00a0\u00a0(AY. 2010-11).<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 254(1): Appellate Tribunal-Duties-Reasoned order-Export-oriented undertaking-Site Transfer Income-Natural justice-Duty to give reasons in support of adverse orders-Order passed by a quasi-judicial authority affecting the parties’ rights must speak for itself-Absence of reasons by Tribunal-Matter remanded to the Tribunal [S. 10B, 260A]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-64917","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gT3","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/64917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=64917"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/64917\/revisions"}],"predecessor-version":[{"id":64918,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/64917\/revisions\/64918"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=64917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=64917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=64917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}