ASSISTANT COMMISSIONER OF INCOME TAX, BHOPAL vs. MAPAEX REMEDIES PVT. LTD. , BHOPAL
In the result, the appeal of the revenue is dismissed due to low tax effect
ITA 432/IND/2023[2013-14]Status: HeardITAT Indore05 Sept 2024AY 2013-14
Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniacit Mapaex Remedies Pvt. Ltd. Bhopal Room No.213, Aayakar Bhawan Vs. Arera Hills, Hoshangabad Road, Bhopal (Appellant / Revenue) (Respondent/ Assessee) Pan: Aalpu0989K Assessee By Shri Ram Kumar Yadav, Cit-Dr Revenue By Shri Sumit Nema, Sr. Adv. With Shri Gagan Tiwari Adv. Date Of Hearing 05.09.2024 Date Of Pronouncement 05.09.2024
Section 143(3)Section 801CSection 80I
801C of the Act by allowing the deduction u/s 80IC of the Act to a service provider, however, it is matter of fact that deduction u/s 80IC is not applicable to service providers as the deduction is aimed at businesses engaged in manufacturing or production activities and Service providers, whose primary business activity involves rendering services, do not fall within
