Allowing the appeal of the assesse High Court held that, deemed export of goods through parties is entitle to deduction. Followed PCIT v International Stones India ( P) Ltd ( 2018) 95 taxmann.com 287 (Karn) (HC) (AY. 2008-09 to 2011-12)
Metal Clousers ( P.) Ltd. v. Dy.CIT (2019) 102 taxmann.com 71 / 261 Taxman 162 (Karn.)(HC) Editorial : SLP of revenue is dismissed Dy. CIT v. Metal Closures (P.) Ltd. (2019) 261 Taxman 161 (SC)
S. 10B : Export oriented undertakings-Deemed exports-Export through third parties-Entitled to deduction.