2011 (1) TMI 968 - HC - Income Tax

Deduction u/s 80 HHC - export incentives received by the assessee as a supporting manufacturer in the same manner as in the case of direct exporter - Held that - It is not disputed on behalf of the revenue that similar appeal being CIT v. M/s Sheena Inds. Panipat 2009 (11) TMI 64 - PUNJAB AND HARYANA HIGH COURT has already been dismissed by this Court vide order dated 23.11.2009. Appeal is dismissed.

Summary

The High Court of Punjab and Haryana dismissed the revenue's appeal under Section 260-A of the Income Tax Act, 1961, regarding the deduction u/s 80 HHC on export incentives received by the assessee. The court referred to a similar dismissed appeal involving M/s Sheena Inds., Panipat.