https://www.taxtmi.com/caselaws?id=395205 Legislative intent to incentivise export oriented units permits deduction for exports effected through third parties and inter unit transfers, subject to complying with statutory conditions; the assessee's Form 56G report was furnished and thus the exemption claim stands where those conditions are met. A prior decision supporting a broad construction of 'undertaking' to treat such transactions as deemed exports underpins this position, and the suggestion of duplication was rejected since each supplier may claim only its own value addition, preserving proper computation of income. en-us Thu, 19 Mar 2020 00:00:00 +0530 Mon, 09 Feb 2026 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395205 Legislative intent to incentivise export oriented units permits deduction for exports effected through third parties and inter unit transfers, subject to complying with statutory conditions; the assessee's Form 56G report was furnished and thus the exemption claim stands where those conditions are met. A prior decision supporting a broad construction of 'undertaking' to treat such transactions as deemed exports underpins this position, and the suggestion of duplication was rejected since each supplier may claim only its own value addition, preserving proper computation of income. Case-Laws Income Tax Thu, 19 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395205