ASSISTANT COMMISSIONER OF INCOME TAX - 4(1), INDORE, INDORE vs. PRATAAP SNACKS LIMITED, INDORE

In the result revenue’s appeal is dismissed and assessee’s cross-objection is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

11A of Section 80IB has been elaborately analysed and it is observed that processing should not be confined to the operations that would entail the preservation of fruits/vegetable as they are without change of their identity. If the processing and preservation is confined only to the fruitsas such and not to be derivatives from fruits the benefit intended

ASSISTANT COMMISSIONER OF INCOME TAX - 4(1), INDORE, INDORE vs. PRATAAP SNACKS LIMITED, INDORE

In the result revenue’s appeal is dismissed and assessee’s cross-objection is allowed