2018 (11) TMI 960 - 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 - Delay condoned. The Special Leave Petition is dismissed.