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