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Gujarat High Court

C.I.T vs Rubamin Industries on 22 December, 2003

Author: A.R.Dave

Bench: A.R.Dave, K.A.Puj

     IN THE HIGH COURT OF GUJARAT AT AHMEDABAD



     TAX APPEAL No 556 of 2003



     --------------------------------------------------------------
     C.I.T.
Versus
     RUBAMIN INDUSTRIES
     --------------------------------------------------------------
     Appearance:
     1. TAX APPEAL No. 556 of 2003
          MR TANVISH U BHATT for Petitioner No. 1
          .......... for Respondent No. 1


     --------------------------------------------------------------


              CORAM : HON'BLE MR.JUSTICE A.R.DAVE
                                 and
                      HON'BLE MR.JUSTICE K.A.PUJ


              Date of Order: 22/12/2003


ORAL ORDER

(Per : HON'BLE MR.JUSTICE A.R.DAVE) Admit. The following substantial questions of law arise in this appeal :

1. Whether the duty drawback received by the assessee is a part of business profit for the purpose of deduction u/s 80HHC?
2. Whether the sales tax collected by the assessee is a part of the total turnover for the purpose of section 80HHC?

(A.R. Dave, J.) (K.A. Puj, J.) (hn)