Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2010 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2010 (1) TMI 741 - KERALA HIGH COURTExemption under section 80HHC - sale to sister concerns at below cost of production - purpose was to defraud the revenue by permitting sister concerns to claim ineligible export profit under section 80HHC of the Income-tax Act - Held that: sister concerns got ineligible tax exemption under section 80HHC which was only on account of assessee's manipulation in accounting the sale price at below even the cost of production.
|