THE ASSTT. COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S BROADWAYS OVERSEAS LTD, JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

1)/10B(4) of the Act that deduction under section 10B of the Act has to be allowed on income from business of the eligible undertaking which includes export incentive. Respectfully following the aforesaid judgments, I am inclined to direct the Assessing Officer to allow deduction under section 10B of the Act to the assessee company on the income from

THE ASSTT. COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S BROADWAY OVERSEAS LTD., JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

1)/10B(4) of the Act that deduction under section 10B of the Act has to be allowed on income from business of the eligible undertaking which includes export incentive. Respectfully following the aforesaid judgments, I am inclined to direct the Assessing Officer to allow deduction under section 10B of the Act to the assessee company on the income from

THE ASSTT. COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S BROADWAY OVERSEAS LTD., JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

1)/10B(4) of the Act that deduction under section 10B of the Act has to be allowed on income from business of the eligible undertaking which includes export incentive. Respectfully following the aforesaid judgments, I am inclined to direct the Assessing Officer to allow deduction under section 10B of the Act to the assessee company on the income from

BRODAWAYS OVERSEAS LIMITED,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

1)/10B(4) of the Act that deduction under section 10B of the Act has to be allowed on income from business of the eligible undertaking which includes export incentive. Respectfully following the aforesaid judgments, I am inclined to direct the Assessing Officer to allow deduction under section 10B of the Act to the assessee company on the income from

THE ASSTT. COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S BROADWAY OVERSEAS LTD., JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

1)/10B(4) of the Act that deduction under section 10B of the Act has to be allowed on income from business of the eligible undertaking which includes export incentive. Respectfully following the aforesaid judgments, I am inclined to direct the Assessing Officer to allow deduction under section 10B of the Act to the assessee company on the income from

SATIA INDUSTRIES LIMITED,MUKTSAR, PUNJAB vs. DCIT, ACIT CIRCLE 1, BATHINDA

In the result, the appeal is partly allowed

Bench: Shri Udayan Das Gupta & Shri Krinwant Sahayआयकरअपीलसं./Ita No. 527/Asr/2024 िनधा"रणवष" / Assessment Year : 2020-21

1) of the Income Tax Act, 1961, read with Rule 10B of the Income Tax Rules, 1962, and Section 80IA(8), which govern the determination of arm's length price and transfer