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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Entitled to the benefit under Section 10-B - department submits ...


Assessee Qualifies as Manufacturer for Section 10-B Benefits Despite Outsourcing Most Manufacturing Activities.

April 20, 2015

Case Laws     Income Tax     HC

Entitled to the benefit under Section 10-B - department submits that most of the activities are "outsourced" and very small part of the manufacture was undertaken by the assessee - even on the basis of such an outsourcing the assessee has to be held to be the 'manufacturer' of the products for which it had been approved as 100% EOU. - HC

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