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2016 (2) TMI 410 - HC - Income TaxAddition made on account of suppression of profit - denial of exemption u/s.10B - ITAT deleted the addition - Held that:- The assessee was engaged in manufacturing activity and had two units at Ahmedabad, one of them being export oriented unit, entitled for 100% deduction under section 10B of the Income Tax Act. As the assessee strenuously pointed out that the manufacturing activity of both units was entirely different. The process was vastly different. CIT(Appeals) considered the evidence on record and in a detail discussion in the order came to a conclusion that there was no basis for making additions as done by the Assessing Officer rightly confimed by ITAT - Decided against revenue
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