Assessee's Section 80IC Deduction Upheld Despite Outsourcing; No Discrepancies Found in Books by Assessing Officer.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Deduction of profit u/s 80IC - allegation of the revenue is that assessee did not have sufficient infrastructure and man power to manufacture the entire products on its own in its exempt unit and got it done as job work from units outside specified areas - in the absence of any discrepancy in the books of account pointed out by the AO deduction cannot be denied - AT....