Tribunal can set aside the order of CIT Appeal only after considering the evidence and material on record

RELEVANT PARAGRAPH This appeal came before me as Third Member to express my opinion on the following question:- “Whether in view of the facts and circumstances, the issue relatable to computation of deduction under section 801B, the order of the Id. CIT(A) could be reversed and that of the Assessing Officer could be restored or matter can be set aside and remitted back to the file of the Assessing Officer for reconsideration? 2. I have heard the rival submissions. The assessee claimed deduction under section 80IB amounting to Rs.69.54,954/ – in respect of Goa unit from the profits ...