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2011 (4) TMI 846 - HC - Income TaxReceipts from job work - whetehr would fall within the clause (baa) of the explanation below section 80HHC(4b)- Held that:- Explanation (baa) refers to receipts by way of brokerage, commission, interest, rent, charges or any other receipt of a similar nature included in such profits - They are the types of income which has no bearing insofar as the manufacturing activity of the assessee is concerned or the income derived from such manufacturing activity - However, the assessee has earned these receipts from job work utilizing the very same machinery and men and as a part of his manufacturing activity - Therefore, there is a direct nexus between the job work and the manufacturing activity carried on by the assessee insofar as the export of manufacturing items is concerned - Therefore, this income does not fall within the definition of (baa) and therefore, the said receipt has to be included in the total profits - Decided in favour of assessee
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