multi-filament yarn "as soon as it is taken off the spinning frame" with, suitable entry therein of the quantity taken for splitting
Madras High Court in the case of
Velayudhaswamy Spinning Mills (P) Ltd. Vs. ACIT (2010) 38 DTR 57 (Mad) has held
as under ... earlier years
which has already been set off against any other income of the assessee and set
off the same against the current income
deduction u/s. 80IA undiminished by
unabsorbed losses and depreciation also set off in earlier years
against the other income, is fully covered ... earlier
years which has already been set off against any other income
of the assessee and set off the same against the current
income
deduction u/s. 80IA undiminished by unabsorbed losses and
depreciation also set off in earlier years against the other income, is
fully covered ... earlier years which has
already been set off against any other income of the assessee and set
off the same against the current income
Supreme Court of India
ITA No.1186/Ahd/2010
Kaybee Tex Spin Pvt. Ltd. Vs. DCIT, Circle-1, Surat ... 2010
Kaybee Tex Spin Pvt. Ltd. Vs. DCIT, Circle-1, Surat.
For A.Y. 2004-05
-4-
assessee has written off the debt
expressed by the Supreme Court with reference to the issue of set-off of duty under very Notification No. 201/79 in the case ... off of duty was first considered by the Supreme Court in the case of J.K. Cotton Spinning and Weaving Mills and same was followed
Rajasthan Spinning & Weaving Mills [2009(92)RLT 691(SC)]]. The appeal is disposed off accordingly.
3. We have considered the submissions made by both
they could pass it on to the customers who could claim set off under Rule 56A and, as such, there could be no intention ... Sanjana, Assistant Collector of Central Excise, Bombay, and Ors. v. Elphinstone Spinning and Weaving Mills [AIR 1977 (SC) 2039], that in the case of classification
though the said rule did not cover the situation of partially writing off, they decided to reverse the credit as on 1.4.2007 as is clear ... Supreme Courts judgment in the case of UOI vs. Rajasthan Spinning & Weaving Mills reported in 2009 (238) ELT 3 (SC), to support
partly, indirectly in the production of urea by being employed in off-site plants, namely, water treatment plant, steam generation plant, inert gas generation plant ... Calcutta II v. Eastend Paper Industries Ltd. , J.K. Cotton Spinning and Weaving Mills Co. Ltd. v. Sales Tax Officer , Kanpur