Court Rules Against Revenue: No Proof of Special Arrangement for "More Than Ordinary Profits" u/s 10B(7) and 80IA(10).

Deduction u/s 10B(7) r.w.s. 80IA(10) - Denial of deduction as assessee is having “more than the ordinary profits” - The judicial pronouncements clearly makes it mandatory for the Revenue to prove that there is some special arrangement between the assessee and its associated enterprise to earn extra profit and this burden of proof has not been discharged by the Department. - No additions - AT .....

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