observed that the only controversy was with respect
to the processing of iron ore which was done by the
'SESA plant' situated outside ... authorities have clearly held that there has been
outsourcing of processing of iron ore to evidence which
the profit and loss Account and the Ledger
petitioners is that, they are carrying on business
in iron ore mining and processing and is a leading exporter of
iron ore. The petitioners
export oriented unit engaged in exporting
iron ore from the place of extraction and processing to
other countries, in order to transport the iron ore ... investment made was for the
purpose of its business of manufacturing and
processing. In such circumstances, it was held that
purchase of chassis
noticed that the assessee purchased iron ore fines, in
addition to extraction of iron ore from its own mines to the
value ... That the purchase of iron ore
fines did not undergo any process and it was sold as such.
Therefore, the assessee was not entitled
learned counsel submits that during the
extraction of Kaolin some iron ore mixed mud was also being
extracted and hence, the company obtained transport permit ... iron ore and stacked the same in
the mines and illegally extracted and dispatched more than
3,00,000 MT of iron ore either
investigate into the allegations pertaining to the illegal export of
iron ore of the quantity of less than 50,000 MT. In the instant
case ... prepared and it was ascertained that illegal quarrying
activities, extraction of iron ore and transportation was being
carried on by the Company in violation
Shri Yerribabu entered into illegal agreement for extraction and
sale of iron ore with M/s. Lakshmi Aruna Minerals and other
firms belonging ... group leading to large scale illegal extraction,
transportation and trading of iron ore causing huge loss to the
State Government exchequer. During the period from
dated 05.10.2007 to carry on the
production and trading/export of iron ore. For the
assessment year 2009-2010, the assessee e-filed its return ... return of income was processed
under Section 143(1) of the Act and the case was taken up
for scrutiny. In the period/year under
illegal, without authority of
law and an abuse of the process of court and therefore, the
action initiated against petitioner pursuant ... investigate into the allegations pertaining to the illegal export of
iron ore of the quantity of less than 50,000 MT. In the instant
case
illegal, without authority of
law and an abuse of the process of court and therefore, the
action initiated against petitioner pursuant ... investigate into the allegations pertaining to the illegal export of
iron ore of the quantity of less than 50,000 MT. In the instant
case
