IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR & THE HONOURABLE MR. JUSTICE V.K.MOHANAN WEDNESDAY, THE 2ND DECEMBER 2009 / 11TH AGRAHAYANA 1931 ITA.No. 375 of 2009() --------------------- ITA.113/COCH/2004 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPELLANT/APPELLANT: --------------------------------------- THE COMMISSIONER OF INCOME TAX, THIRUVANANTHAPURAM. BY ADV. SRI.P.K.R.MENON,SR.COUNSEL, GOI(TAXES) SRI.GEORGE K. GEORGE, SC FOR IT SRI.JOSE JOSEPH, SC, FOR INCOME TAX RESPONDENT(S): --------------- M/S.SHAH CASHEW COMPANY , PALLICKAL PO, THIRUVANANTHAPURAM. ADV. SRI.T.M.SREEDHARAN SRI.V.P.NARAYANAN SMT.C.K.SHERIN THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 02/12/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.N.RAMACHANDRAN NAIR & V.K.MOHANAN, JJ. .................................................................... I.T. Appeal No.375 of 2009 .................................................................... Dated this the 2nd day of December, 2009. JUDGMENT Ramachandran Nair, J. Since the issue raised is covered by later decision of the Supreme Court in COMMISSIONER OF INCOME-TAX VS. K.RAVINDRANATHAN NAIR reported in 295 ITR 228, following the said judgment we allow the appeal by setting aside the order of the Tribunal and that of the first appellate authority and remand the matter to the Assessing Officer with direction to recompute eligible deduction under Section 80HHC of the Income Tax Act after giving opportunity to the assessee and by following the judgment of the Supreme Court abovereferred. C.N.RAMACHANDRAN NAIR Judge V.K.MOHANAN Judge pms