The Commissioner Of Income Tax vs M/S.Elgi Ultra Industries Limited on 10 August, 2012
Placing reliance on the decision reported in 234 ITR 363 C.I.T. v. A.M.NATARAJAN, which considered the decision reported in 216 ITR 566 C.I.T v. V.O.RAMALINGAM, the assessee contended that when the assessee was owner of the tools, dyes and raw materials and the job workers were not independent to act on their own but were under the direct control and supervision of the assessee, they were entitled to the benefit of deduction. Accepting the case of the assessee, the Commissioner of Income Tax (Appeals) allowed the assessee's appeal, thereby, granted deduction under Section 80IA.