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2014 (2) TMI 81 - ITAT DELHIDeduction u/s 10B of the Act – nature of business – Job work OR Manufacturing process – cutting and polishing of granite - Held that:- The decision given by the tribunal in the earlier assessment year of the same assessee is followed - The claim of exemption under section 10B has been decided in favour of the appellant for the Assessment Years 2006-07 & 2007-08 – Further relying upon Income Tax Officer, Udaipur Versus M/s Arihant Tiles & Marbles (P) Ltd [2009 (12) TMI 1 - SUPREME COURT] - the appellant is entitled to the claim of exemption under section 10B – thus, The Assessing Officer is directed to allow the claim under section 10B of the Act – decided against Revenue.
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