{"id":78,"date":"2008-08-02T11:41:04","date_gmt":"2008-08-02T11:41:04","guid":{"rendered":"http:\/\/itatonline.org\/archives\/?p=78"},"modified":"2008-08-02T11:41:04","modified_gmt":"2008-08-02T11:41:04","slug":"jashan-textile-mills-vs-dcit-itat-mumbai","status":"publish","type":"post","link":"https:\/\/itatonline.org\/archives\/jashan-textile-mills-vs-dcit-itat-mumbai\/","title":{"rendered":"Jashan Textile Mills vs. DCIT (ITAT Mumbai)"},"content":{"rendered":"<p><a href=\"http:\/\/www.itatonline.org\/dlmonitor\/download.php?t=f&#038;i=37\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.itatonline.org\/images\/download.gif?w=605\" class=\"alignright\" border=\"0\" \/><\/a><\/p>\n<p>In <a href=\"http:\/\/www.itatonline.org\/pdf\/rogini_garments_80HH_80IA_special_bench.pdf\" target=\"_blank\"><strong>ACIT vs. Rogini Garments<\/strong><\/a> 108 ITD 49, the Chennai Special Bench of the ITAT held that in view of s. 80-IA (9), relief under s. 80-IA had to be deducted from the profits and gains before computing relief u\/s 80-HHC. <a href=\"http:\/\/itatonline.org\/archives\/?p=46\" target=\"_blank\"><strong>M\/s SCM Creations<\/strong><\/a> was an intervener in that case and a common judgement was passed. The Madras High Court has reversed the judgement of the Special Bench and held that relief u\/s 80-IA should not be deducted from profits and gains of business before computing relief u\/s 80-HHC. In view of this, it has been held that <a href=\"http:\/\/www.itatonline.org\/pdf\/rogini_garments_80HH_80IA_special_bench.pdf\" target=\"_blank\"><strong>Rogini Garments<\/strong><\/a> is no longer good law. <\/p>\n<p>  Note: For the law on conflict between a Special Bench judgement and a non-jurisdictional High Court judgement, see <a href=\"http:\/\/www.itatonline.org\/pdf\/aurangabad_holiday_158BC.pdf\" target=\"_blank\"><strong>ACIT vs. Aurangabad Holiday Resorts P. Ltd<\/strong><\/a> 111 TTJ 741 (Pune).<\/p>\n<p><!--\n\n\n\n\n\n\/\/--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In ACIT vs. Rogini Garments 108 ITD 49, the Chennai Special Bench of the ITAT held that in view of s. 80-IA (9), relief under s. 80-IA had to be deducted from the profits and gains before computing relief u\/s 80-HHC. M\/s SCM Creations was an intervener in that case and a common judgement was passed. The Madras has reversed the judgement of the Special Bench and held that relief u\/s 80-IA should not be deducted from profits and gains of business before computing relief u\/s 80-HHC. <\/p>\n<div class=\"read-more\"><a href=\"https:\/\/itatonline.org\/archives\/jashan-textile-mills-vs-dcit-itat-mumbai\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4,8],"tags":[],"class_list":["post-78","post","type-post","status-publish","format-standard","hentry","category-all-judgements","category-tribunal"],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts\/78","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/comments?post=78"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts\/78\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/media?parent=78"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/categories?post=78"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/tags?post=78"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}