“export oriented unit”

DEPUTY COMMISSIONER OF INCOME TAX 1(1)(2), MUMBAI vs. HINDUSTAN UNILEVER LIMITED, MUMBAI

course of assessment proceedings, the Assessing Officer\nnoticed that assessee claimed exemption u/s 10B on the profit and gains from\n100% of export oriented unit Etah amounting to Rs.5,03,65,774/- which\nincluded miscellaneous income of Rs.30,361. The assessee submitted that the\nmiscellaneous income consists of realisation from

HINDUSTAN UNILEVER LIMITED,MUMBAI vs. DY.CIT-1(1)(2), MUMBAI

course of assessment proceedings, the Assessing Officer\nnoticed that assessee claimed exemption u/s 10B on the profit and gains from\n100% of export oriented unit Etah amounting to Rs.5,03,65,774/- which\nincluded miscellaneous income of Rs.30,361. The assessee submitted that the\nmiscellaneous income consists of realisation from

ALEX GRINDERS PRIVATE LIMITED,MUMBAI vs. ITO 4(1)(1), MUMBAI

In the result, the addition so made and sustained by the Ld

Bench: Shri Vikram Singh Yadav & Shri Anikesh Banerjeeassessment Year : 2013-14 Alex Grinders Pvt. Ltd., Dcit, Circle-4(1)(1), 32, Diamond Queen, Aayakar Bhavan, West Avenue, Santacruz, Vs. Maharshi Karve Road, Mumbai-400054. New Marine Lines, Pan : Aaaca3664K Churchgate, Mumbai-400020. (Appellant) (Respondent) For Assessee : Shri Bharat Kumar For Revenue : Shri Surendra Mohan, Sr.Dr Date Of Hearing : 03-11-2025 Date Of Pronouncement : 24-11-2025 O R D E R Per Vikram Singh Yadav, A.M : This Is An Appeal Filed By The Assessee Against The Order Of The Learned Commissioner Of Income Tax (Appeals)-National Faceless Appeal Centre (Nfac), Delhi [„Ld. Cit(A)‟], Dated 04-02-2025, Pertaining To Assessment Year (Ay) 2013-14, Wherein The Assessee Has Taken The Following Ground(S) Of Appeal:

Rakshak aani General Kamgar Union (Reg). The assessee-company is having registered office at Mumbai and factory at Lonawala. It is a 100% Export oriented unit and is manufacturing various parts as per requirement of foreign customers. During this year, the assessee-company had a labour problem at Lonavala factory

KBS CREATION LTD ,MUMBAI vs. DY COMM. OF INCOME TAX -CIRCLE 24(1), MUMBAI

In the result, the concise ground of appeal of the assessee is allowed

Bench: SHRI PAWAN SINGH (Judicial Member), SHRI GIRISH AGRAWAL (Accountant Member)

length operating profit (OP) @ 2.13%/2.56% respectively as: a) A low level of Operating Profit (OP) computed @ 2.13%, for a fully integrated export-oriented unit manufacturing Diamond Studded Jewellery 2 KBS Creations(AY: 2021-22) will result into arriving at non-economic profit at net level from the angle ... determine ALP.To support such submission, the assessee stated that such low level of operating profit computed at 2.13% for a fully integrated export oriented unit manufacturing 7 KBS Creations(AY: 2021-22) diamond,studded Jewellery will result arriving at non-economic profit at net level from the angel

EMERSON ELECTRIC COMPANY (INDIA)PVT. LTD,MUMBAI vs. DCIT 1(2) (1) JURISDICTIONAL ASSESSING OFFICER, MUMBAI

In the result, this ground of appeal is allowed

Bench: Shri Pawan Singh&Girish Agrawal(Physical Hearing) Emerson Electric Company (India) Dcit, Range-1(2)(1), Mumbai Private Limited, Delphi ‘B’ Wing, Vs Aayakar Bhawan, 601-603, Orchard Avenue, Mumbai Hiranandani Business Park, Powai, Mumbai-400076. [Pan No. Aaace1260B] Appellant / Assessee Respondent / Revenue

assessee submits that the assessee has a manufacturing division in Nasik namely Emerson Engineering Export Centre (EEEC-Nasik), which is a 100% export oriented unit, registered with STPI, set up in 2016 and is engaged in manufacturing of electronic cabinets, panels including system cabinets, marshalling cabinets and power distribution panels ... that there is no dispute that the assessee has set up unit in Nasik namely Emerson Engineering Export Centre (EEEC-Nasik), being 100% export oriented unit, newly set up unit is engaged in manufacturing of electronic cabinets, panels including system cabinets, marshalling cabinets and power distribution panels, components and parts

DY. COMMISSIONER OF INCOME TAX, MUMBAI vs. M/S INFRASOFT TECHNOLOGIES LTD., MUMBAI

In the result, appeal of the Revenue is dismissed

Bench: Shri Amit Shukla & Shri Girish Agrawalassessment Year: 2006-07

which the company already had the lease in its favour. 6.1.15 To substantiate the intention of the appellant company to establish a new export oriented unit registered with STPI along with the purchase of new plant and machinery at the second floor of the building, and to shift the present

ITO, LOWER PAREL vs. SOHIT SHRAVANKUMAR SADH, LOWER PAREL

In the result, the appeal filed by the Revenue is dismissed

Bench: Ms. Kavitha Rajagopal, Jm & Shri Girish Agrawal, Am Income Tax Officer Sohit Shravankumar Sadh Room No. 213, 3Rd Floor, A-2, Unit No. 79, Shah & Amp, Piramal Chambers, Lalbaug, Vs. Nahar Industrial Estate, Mumbai – 400 012 S J Road, Mumbai-400 013

account of difference in the stamp duty value. It is observed that the assessee had acquired an undertaking (export oriented unit (EOU)) with all its assets and liabilities which includes Industrial Gala nos. 85 to 86 from M/s. SK International Export Co. as a going concern for a slum sale

ADVANCE POWER DISPLAY SYSTEMS LTD,ANDHERI - EAST vs. DY COMMISSIONER OF INCOME TAX -9(1)(1), AAYKAR BHAVAN,CHURCH GATE,MUMBAI

In the result, the appeals of the assessee are allowed

Bench: Shri Narendra Kumar Billaiya, Hon’Ble & Shri Rahul Chaudhary, Hon’Ble

light of Rule 18(6) of the ITAT Rules. 5. Briefly stated the facts of the case and that the assessee is 100% Export Oriented Unit (EOU) engaged in the business of manufacturing of Switch Mode Power Supplies (SMPS) used in computer industry and information technology applications with end users