COURT: | Bombay High Court |
CORAM: | B. P. Colabawalla J, S. C. Dharmadhikari J |
SECTION(S): | 80HHC |
GENRE: | Domestic Tax |
CATCH WORDS: | CENVAT incentive scheme |
COUNSEL: | A. Vissanjee |
DATE: | August 13, 2014 (Date of pronouncement) |
DATE: | October 12, 2014 (Date of publication) |
AY: | 2003-04 |
FILE: | Click here to view full post with file download link |
CITATION: | |
S. 80HHC: Deemed credit under the CENVAT Incentive Scheme is part of the business profits eligible for deduction u/s 80HHC |
We agree with the submission of Ms Vissanjee that the said CENVAT incentive being the refund of tax and duty paid on inputs consumed for goods manufactured and exported would automatically reduce the cost of manufacture of the exported goods, …
CIT vs. Valiant Glass Works Pvt.Ltd (Bombay High Court) Read More »
Recent Comments