Case Note On The Supreme Court Judgement Of Commissioner Of Income Tax Karnal Vs M/S Carpet India Panipat
Vaibhav Srivastava, Rohit Jain & Bhagwat Singh Barhat, of B.A.LLB pursuing from Manipal University Jaipur
INTRODUCTION
This case is regarding Direct taxation. In deduction for supporting the manufacturer under Section 80HHC and 80HHC (1) of the Income Tax Act, 1961. In this case, the High Court of Punjab and Haryana make the decision in favour of M/S Carpet India in which it held that the supporting manufacturer was at par with actual direct exporter of goods when it comes to deductions that were available under Section 80HHC of Income Tax Act, 1961.1 Hence, the present appeal in the Hon’ble Supreme Court in which the supporting manufacturer was at par with the actual direct exporter of goods when it comes to the deduction that were available under Section 80HHC of Income Tax Act, 1961.
Comentários