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2015 (6) TMI 1227 - ITAT DELHIDeduction u/s 80IB in respect of scrap sale - determination of gains derived from the industrial undertaking for the purpose of computing deduction - HELD THAT:- The issue is covered in favour of the assessee by the decision in the case of Sadhu Forging Ltd. [2011 (6) TMI 9 - DELHI HIGH COURT] wherein held receipts from sale of scrap being part and parcel of the activity and being proximate thereto would also be within the ambit of gains derived from the industrial undertaking for the purpose of computing deduction under section 80- IB - Thus we direct the AO to compute the deduction u/s 80IB after taking into account the scrap sales. - Decided in favour of the assessee.
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