Supreme Court · 2006 INSC 443 · Decided 18 July 2006
P.R. Prabhakar v. Commissioner of Income Tax, Coimbatore
- Court
- Supreme Court of India
- Citation
- 2006 INSC 443 · [2006] SUPP. 3 S.C.R. 645
- Case number
- CIVIL APPEAL No. 877/2006
- Decided
- 18 July 2006
- Bench
- S.B. SINHA, DALVEER BHANDARI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- IPC; Income Tax Act
Headnote
B Income Tax Act, 1961: ss. BOHHC(J) and (3)-"lncome arising out of business of export"­ Claim for deduction-Assessee carrying on business of ex;ort of its own C products as also procuring export contracts for other exporters on commission-Derived income by way of commission but s.80HHC-Held, the expression "income arising out of business of export" brings within its sweep not only export of any goods or merchandise D manufactured or processed by assessee but also of trading goods-Tribunal rightly held assessee entitled to claim deduction-Amendments by way of
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)