erred in denying the
benefit of deduction under section 10AA of the Income tax Act to the
Assessee.
4. Without prejudice to the above ... deduction to the tune of Rs. 47,19,678/- u/s.10AA of the
1961 Act by both the authorities below. The assessee
made on account of u/s.10AA
of the Act.
ITA Nos.630 & 864 /Ahd/2017
Assessment Year: 2011-12
Page ... facts in deleting the
disallowance made on account of deduction u/.s.10AA on the interest
income."
12. So far as this grievance
Economic Zones Act, 2005. The
Petitioner has been allowed deduction under Section 10AA of the Income
Tax Act, 1961 ('Act') since Assessment Year ... eligible unit') is eligible to claim
deduction under Section 10AA. Following the decision of the Supreme
Court of India in CIT v. Yokogawa India
short "the Act") after claiming deduction under section
10A / 10AA of the Act. Further, the assessee also declared book
profit ... claimed foreign tax credit in respect of
income pertaining to section 10A / 10AA of the Act eligible units in
India.
27. Brief facts
provisions of sub-section (3) of section 200 :]
...................."
3. Section 10(10AA) of the Act provides for certain exemption when
payments are received ... respect of leave period not
availed by the employee. Section 10(10AA) of the Act provides for the
following exemption viz.,:-
" Section 10 : Incomes
exemption provided u/s. 10(10)(iii) , 10(10A)(ii) and 10(10AA)(ii) of the Act.
The Assessing Officer rejected the arguments ... encashment, it is noticed that the
assessee claimed exemption u/s 10(10AA)(i) which was refused by the AO by
holding the case
leave
period not availed by the employee.
4. Section 10(10AA) of the Act provides for certain exemption when
payments are received by an employee ... respect of leave period not
availed by the employee. Section 10(10AA) of the Act provides for the
following exemption
provisions of sub-section (3) of section
200 :]
...................."
3. Section 10(10AA) of the Act provides for certain exemption when
payments are received ... respect of leave period not
availed by the employee. Section 10(10AA) of the Act provides for the
following exemption viz.,:-
" Section 10 : Incomes
accepting the
contention of assessee to recomputed the deduction u/s 10AA after
considering the trading addition of Rs. 2,80,500/- ignoring the CBDT ... started commercial production from 21.04.2008
and has claimed deduction u/s 10AA of the Act. The assessee originally filed its
return of income
order of denying the benefit of deduction claimed u/s 10AA of the Act. Briefly stated
facts of the case are that the appellant ... profits of the
manufacturing unitis legally eligible for deduction u/s 10AA of the Act. For the AY 2014-
15 the appellant filed its return
