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Gujarat High Court

Commissioner Of Income Tax-I vs Banyan Chemicals Pvt Ltd - Opponent(S) on 21 June, 2011

Author: Akil Kureshi

Bench: Akil Kureshi

         TAXAP/1319/2009                        1/1                                             ORDER


                      IN THE HIGH COURT OF GUJARAT AT AHMEDABAD

                         TAX APPEAL No. 1319 of 2009
         =========================================================
                 COMMISSIONER OF INCOME TAX-I - Appellant(s)
                                    Versus
                   BANYAN CHEMICALS PVT LTD - Opponent(s)
         =========================================================
         Appearance :
         MR MANISH BHATT for Appellant(s) : 1,
         None for Opponent(s) : 1,
         =========================================================
                      CORAM : HONOURABLE MR.JUSTICE AKIL KURESHI

                              and

                              HONOURABLE MS JUSTICE SONIA GOKANI



                                    Date : 21/06/2011


         ORAL ORDER

(Per : HONOURABLE MR.JUSTICE AKIL KURESHI)   Tax Appeal is admitted for consideration of following question of  law :

"Whether the Appellate Tribunal is right in law and on facts in  holding that the export foreign exchange gain of Rs.15,51,239/­ is  the business income of the EOU and therefore exempted  u/s.10B  of the Income­tax Act, 1961?
  To be heard with Tax Appeal No.1073/2008.
(Akil Kureshi,J.) (Ms. Sonia Gokani,J.) (raghu)  HC-NIC Page 1 of 1 Created On Tue Jan 12 01:24:05 IST 2016