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2015 (11) TMI 637 - AT - Income TaxEligibility for deduction u/s. 10B in respect to tea blended and exported - CIT(A) denied the exemption holding that even though assessee-company is a 100% Exported Oriented Unit (EOU for short) but merely engaged in trading activity in purchase and sale of tea and there was no processing or blending out of activities carried out by it - Held that:- There is a blending of tea in the present case of assessee and assessee before AO during remand proceedings have proved the complete procedure explaining that there is blending of tea. This is exactly in line with the order of Madhu Jayanti International Ltd (2012 (7) TMI 531 - ITAT KOLKATA). Hence, respectfully following the same issue is now covered against Revenue and in favour of assessee. Disallowance commission payment - whether payment of commission was illegal as it is in contravention to the UNO sponsored scheme of Óil for Food' programme in Iraq? - CIT(A) delted the disallowance - Held that:- This issue stands covered in favour of assessee and against Revenue and respectfully following the judgment of Hon'ble jurisdictional High Court in the case of Rajarani Exports P. Ltd. (2013 (5) TMI 410 - CALCUTTA HIGH COURT ) we confirm the order of CIT(A) in deleting the disallowance.
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