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2014 (11) TMI 801 - HC - Income TaxEligibility to deduction u/s 80HHC – Minerals include salt or not - Whether the Tribunal was justified in holding that the expression "Minerals" does not include salt and therefore the assessee Company was eligible to deduction u/s 80HHC – Held that:- The Tribunal was rightly of the view that the Constitution has made a clear distinction between minerals and salt - salt did not form part of the exception from the meaning of the term 'Minerals' - there is no reason or basis to interpret the word "mineral" as inclusive of salt – the assessee is held to be entitled for the deduction u/s 80HHC in respect of export of salt – the order of the Tribunal is upheld – Decided against revenue.
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