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TMI Blog2010 (9) TMI 96X X X X Extracts X X X X X X X X Extracts X X X X ..... filed along with the return - Held that: - Section 10B(5) of the Act only requires furnishing of Form 56G. The Accountant has certified that the unit is eligible for exemption. No other certificate is being provided under Section 10B of the Act or any Rule made thereunder. There is no reason to disbelieve the claim of the respondent that the unit was 100% export oriented unit established in NEPZ, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... quired under Section 10B(5) of the Act in Form 56G. 2. Admittedly, the report, as required under Section 10B(5) of the Act was not filed along with the return but the same was filed during the course of the assessment proceeding. The assessing authority has rejected the claim of exemption on the ground that the certificate issued by the Joint Commissioner, NEPZ, Noida is not the certificate is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the Act but has not accepted the claim of exemption under Section 10B of the Act on the ground that the certificate issued by the Joint Development Commissioner, NEPZ, Noida was not by the competent authority. 4. Being aggrieved by the order of the CIT (Appeals), the respondent as well as the revenue have filed the appeals before the Tribunal. The Tribunal by the impugned order allowed the a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 10B(5) of the Act only requires furnishing of Form 56G. The Accountant has certified that the unit is eligible for exemption. No other certificate is being provided under Section 10B of the Act or any Rule made thereunder. There is no reason to disbelieve the claim of the respondent that the unit was 100% export oriented unit established in NEPZ, Noida merely on the ground that the certificate w ..... X X X X Extracts X X X X X X X X Extracts X X X X
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