M/S. TATA ELXSI LIMITED,BANGALORE vs. DEPUTY COMMISSIONER INCOME TAX, CIRCLE-7(1)(1), BANGALORE

housing projects or a\nship in Nava Sheva. Ownership of a ship per se will not attract Section 80-/B (6). It\nis the profits arising from the business of a ship which attracts sub-section (6). In\nother words, deduction under sub-section (6) at the specified rate has linkage to the\nprofits derived from the shipping operations. This

ARATHI VINAY PATIL ,BANGALORE vs. INCOME TAX OFFICER, WARD-4(3)(4), BENGALURU

In the result, appeal of the assessee is allowed

Bench: Shri Chandra Poojari & Shri Keshav Dubeyassessment Year: 2019-20

section 139(1) of the Act. The appellant having correctly filed the return of income within the extended due date, is entitled to deduction/s 801A of the Act and same is to be allowed to the appellant. 5. In any case and without prejudice, even assuming and without conceding that even if there is a delay in filing the audit