SHRI NITIN AIMA,SHRINAGAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-3, SRINAGAR

The appeal of the assessee is dismissed

801A wherein no\nformula had been laid down for computing the eligible business profits and\nthat the assessee was eligible for benefit u/s 10A in respect of export\nincentives. Section 10A(4) which is pari materia to section 10AA(7). The\ndecision of Supreme Court in the case of Liberty India was also taken note,\nit is respectfully submitted that

INCOME TAX OFFICER, FEROZEPUR vs. UNIVERSAL BIOMASS ENERGY PVT LTD, GURUHARSAHAI