clause (v), for the words, figures and letters “sections 10AA, 80-IA, 80-IAB, 80-IB, 80-IC, 80-ID or section ... words, figures and letters ‘section 10AA or under any of the provisions of Chapter VI-A under the heading “C.-Deductions in respect of certain
raised in this appeal is against
restricting deductions u/ss. 10A and 10AA of the Income-tax
Act, 1961 (hereinafter also called ... under the
regular provisions, the assessee claimed deduction u/ss. 10A
and 10AA of the Act. The Assessing Officer (AO), during the
course of assessment
confirmation of disallowance of deduction
of ₹.52,61,428/- claimed under section 10AA of the Income Tax Act, 1961
["Act" in short ... after making disallowance of claim of
deduction under section 10AA of the Act at ₹.52,61,428/-. On appeal, the ld.
CIT(A) confirmed
involved resorting to
looking at a new issue of disallowance u/s.10AA in contravention of
the settled principles. Facts of the case, grounds ... reopening of the reassessment
has taken into account the provisions of Section 10AA . The reasons
includes taking into account the earlier assessment
Special Economic Zones (SEZs)
and claims deduction under Sections 10A and 10AA of the Act.
3. The petitioner filed its return of income ... disallowance of deduction under Section statement of computation
10A/10AA to be made. of tax enclosed with the
(Point 6 of the letter dated
Economic Zones (SEZ's)
and claims deduction under Section 10A and 10AA of the Act. Certain SEZ
Units of the petitioner had incurred losses ... petitioner assessee.
7. In respect of deduction claimed under Section 10A and 10AA of
the Act for the Assessment Year 2011-12, the Assessing authority
first respondent is right in recomputing the
deduction claimed under Section 10AA of the Act based on
the overall profit margin of the appellant ... arrangement to evidence that the assessee had
good extraordinary profits in the 10AA units ? And
vii.Whether, under the facts and circumstances of the
case
assessee is with regard to claim of
deduction u/s 10AA of the Act in respect of an eligible undertaking to be
allowed on standalone ... Special Economic Zone (SEZ). The
assessee had claimed deduction u/s 10AA of the Act amounting to Rs
72,08,44,373/- against its profits
accepting
the contention of assessee to recomputed the deduction u/s 10AA
after considering the trading addition of Rs. 2,03,739/- 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
export as well as total turnover while computing
deduction u/s. 10AA of the Act in the facts and circumstances of the case.
5. Heard ... expense and internet usage from total turnover in
computing deduction u/s. 10AA of the Act. A similar issue came up before
this Tribunal
