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2010 (5) TMI 171 - PUNJAB & HARYANA HIGH COURTExemption to supporting manufacturer u/s 80HHC – ITAT directed the AO allow deduction under Section 80-HHC, on export incentives, received by the assessee, as a supporting manufacturer in the same manner, as in the case of direct exporter, treating the supporting manufacturer at par with the direct exporter and ignoring the provisions of Section 80 HHC(IA) read with Section 80-HHC(3A) read with clause (baa) of explanation to Section 80HHC(4C) of the Act – Held that: - Assessee is a manufacturer and exporter of Handloom products, where assessee manufactured the products and supplied to another exporter who finally exported these products, therefore, the assessee is supporting manufacturer and exporter. The assessee has received a disclaimer certificate from the main exporter for claiming benefit u/s 80HHC – Benefit of exemption to be extended to supporting manufacturer.
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