Case law on 80 ic exemptions branch transfer

Save Share

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

07 December 2011 The assesse manufacturing unit in haridwar sidcul industrial area.
his registered office in south india & he is filling the income tax return with claiming exemption of 80 ic in south india.
they manufactured the goods in haridwar & transfer the goods to branch office in south india.
now The assessing officer asking about how is you claiming the expemption of 80 ic in south india (instead of haridwar).
i need the any decided case law for the same for satisfying the assessing officer. Aseesee is company.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)

07 December 2011 Ask the Assessing Officer the following question-

If a person is having business in three different states then will he be required to file in 3 different cities ?
.
In case the regd office is in South Indian City and PAN application is made on that address, you can file the return with the jurisdictional ITO.
.
How CPC is allowing deduction to all the assessees who are e-filing the returns in Bangalore only?
.
Better you go for e-filing next time.

Querist : Anonymous

Querist : Anonymous (Querist)

07 December 2011 we have the filled e- return.
my jurisdiction is in south india city.
we have to satisfy the A.A. for taking the exemptions there because we have transfer the stock in south india city. can u provide me any case law regarding the exemption of u/s 80 ic please provide me

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now