https://www.taxtmi.com/caselaws?id=178893 The court held that processed seafood purchased by the assessee qualifies as fish products under Rule 6DD(f)(iii) of the IT Rules, entitling the assessee to exemption under Section 40A(3) of the IT Act. Additionally, the Tribunal's decision to cancel the part disallowance confirmed by the CIT(A) was upheld, as the assessee provided sufficient purchase details, and the Department's insistence on supplier confirmation was deemed unreasonable. The appeal was dismissed in favor of the assessee, with both issues decided against the Revenue. en-us Fri, 06 Nov 2009 00:00:00 +0530 Sat, 02 Sep 2023 22:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178893 The court held that processed seafood purchased by the assessee qualifies as fish products under Rule 6DD(f)(iii) of the IT Rules, entitling the assessee to exemption under Section 40A(3) of the IT Act. Additionally, the Tribunal's decision to cancel the part disallowance confirmed by the CIT(A) was upheld, as the assessee provided sufficient purchase details, and the Department's insistence on supplier confirmation was deemed unreasonable. The appeal was dismissed in favor of the assessee, with both issues decided against the Revenue. Case-Laws Income Tax Fri, 06 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178893