2018 (11) TMI 1064 - SCH - Income Tax

Claim of deduction u/s 10B - whether mere processing of the iron ore in a plant and machinery located outside the bonded area will not disentitle the assessee from deduction where the iron ore was excavated from the mining area belonging to an export oriented unit - location of the SESA Plant outside the EOU and customs bonded area - Held that - SLP dismissed.

Summary

The Supreme Court dismissed the Special Leave Petition due to an order passed in SLP(Civil) Dy.No.32250/2018 on 24.09.2018. Delay was condoned, and pending applications were disposed of.