direct nexus between the profits and gains and the Industrial undertaking. In the instant case, the nexus was not direct but only incidental: The industrial ... flow directly from the industrial undertaking itself."
6.2 From the above, it is evident that there must be a direct or immediate nexus between
Rajasthan Renewable Energy ... vs Dcit, Jaipur on 18 August, 2017
vk;dj vihyh; vf/kdj
direct nexus between the profits and gains and the industrial undertaking. In the instant case, the nexus is not direct but only incidental. The industrial ... reimbursement thereof would directly affect such profits. In these circumstances, one can form the view that there is a direct nexus with the activity
must be a direct nexus between the profits and gains and the industrial undertaking. If such nexus was not direct but only incidental, the profit ... considered to have direct nexus between the profits and gains and the industrial undertaking or the nexus is not direct but only incidental
direct nexus between the profits and gains and the industrial undertaking. In the instant case, the nexus was not direct but only incidental. The industrial ... direct nexus between the profits and gains and the industrial undertaking. In the instant case, the nexus is not direct but only incidental. The industrial
these subsidies are
inter-linked, inter-laced and having a direct nexus with the
manufacturing activities of the assessee which are inseparable from the
expenditure ... business of the assessee and, therefore, there is a direct nexus between
the subsidy received by the assessee's industrial undertaking and the
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confined to those profits and gains which have a direct nexus to the industrial activity of the industrial undertaking. He further pointed out that Section ... deduction under Section 80HH are those that have a direct nexus to the income derived from an industrial undertaking. In this connection, learned counsel referred
case, he submitted, that the interest liability is having a direct nexus to day-to-day working and is an allowable deduction and, therefore, only ... respect of such profits and gains which have a direct or proximate nexus with the activity of manufacture or production. Any other profit or gains
direct nexus between the profits and gains and the industrial undertaking. In the instant case, the nexus is not direct but only incidental. The industrial ... reimbursement thereof would directly affect such profits. In these circumstances, one can form the view that there is a direct nexus with the activity
direct nexus between the profits and gains and the industrial undertaking. In the instant case, the nexus was not direct but only incidental. The industrial ... direct nexus between the profits and gain and the industrial undertaking. In the instant case, the nexus is not direct but only incidental.
The industrial
