THE PRINCIPAL COMMISSIONER OF INCOME TAX AND ANR. vs. M/S GREENPLY INDUSTRIES LIMITED
ITA/6/2023HC Gauhati03 Mar 2025
Bench: Honourable The Chief Justice Honourable Mr. Justice N. Unni Krishnan Nair Date Of Hearing : 25.02.2025 Date Of Judgment & Order : 04.03.2025
For Respondent: B SARMA, DR. ASHOK SARAF,MR P BARUAH,MR. N N
Section 115Section 143(3)Section 260A
1) and copy of Form
A (in case of Rudrapur Unit 2) has been enclosed (Refer Page No. 599-683 of
Paper Book).
22. In the light of above decision as well as the Memorandum issued by the Ministry of
Commerce & Industry, we find that the excise duty exemption is purely capital receipt
and is neither chargeable to tax under
