ACIT,, KOZHIKKODE vs. M/S.VEEKESY POLYMERS P. LTD, KOZHIKKODE
In the result, the appeal filed by the Revenue is dismissed
ITA 151/COCH/2020[2004-05]Status: DisposedITAT Cochin06 Jul 2020AY 2004-05
Bench: Shri George George K
For Appellant: Sri.Mritunjaya Sharma, Sr.DRFor Respondent: None ---Written Submission---
Section 143(3)Section 148Section 80I
147 of the I.T.Act, the assessee preferred the appeal to the first appellate authority. The CIT(A) held the process of outsourcing / job work was an integral part of the processing and manufacture undertaken by the assessee, hence was entitled to entire claim the deduction u/s 80IB of the I.T.Act.
The relevant finding of the CIT(A) reads as follow
