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1 result for “capital gains”+ Section 80Hclear

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Key Topics

Section 80H11Section 80I4

M/S. INDAGRO FOODS LTD.,MUMBAI vs. ACIT - (OSD) 2(1), MUMBAI

In the result, appeal of the assessee is allowed

ITA 7342/MUM/2008[2003-2004]Status: DisposedITAT Mumbai26 Apr 2019AY 2003-2004

Bench: Shri Pawan Singh & Shri N.K. Pradhan

For Appellant: Shri Percy Pardiwala, with Ms. Vasanti PatelFor Respondent: Shri Chaitnya Anjaria and Sh. Manoj Kumar Singh (Sr.DR’s)
Section 254(1)Section 80HSection 80I

Gain derived from an Industrial Undertaking situated in backward area/district specified in the notification, interalia, that it manufactures or produce an article of things, not being article of things specified in Eleventh Schedule. The assessee fulfilled all 4 ITA No. 7342 to 7344 Mum 2008-M/s Indagro Foods Ltd. the condition for deduction under section 80IB. The assessee