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2018 (6) TMI 269 - AT - Income TaxDeduction u/s.10B - claim denied as assessee company is not involved/carried out any such of export business which is covered u/s.10B - nature of business of the company - CIT(A) gave relief to the assessee on the basis that assessee was having unit in SEZ and same was approved by the development Commissioner - Held that:- Both the lower authorities have been failed to ascertain that what assessee is actually doing and just bury the lead. Assessee is claiming that he has been doing research and development in pharmaceutical in the export drug related services. Assessee claimed that they fall in the category of back office operation and in the audit report it is also mentioned that assessee is doing research and development work related to drugs and healthcare. But both authorities have not ascertained to the effect that what actually assessee is doing. Therefore, we set aside the orders of the CIT(A) in both appeals and remit this matted back to the file of the ld. AO to decide the nature of business of the company. - Decided in favour of revenue by way of remand.
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