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2019 (8) TMI 522
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.... Mr.G.S.Chouhan For Respondent(s): Mr.Anjay Kothari Order 1. Admit. 2. The following question of law for arises consideration:- "1. Whether on the facts and in law the ld. ITAT was justified in directing to include other income for computing deduction u/s 80IB / 80IC of the Act ignoring the fact that the other income is not at all 'profit derived from industrial undertaking' a....
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....the bated unit. The second question is with respect to deletion of apportionment of expenses on information system for activity of different eligible industrial undertaking; the third question is with respect to dis-allowance of deduction of certain amount in respect of service income; the fourth question is with respect to adjustment of certain amount, towards interest chargeable on credit facili....
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....139/2018 decided on 29.07.2019]. 6. As far as the question relating to trading profit is concerned, the record shows that the assessee derived this income from the sale of boxes manufactured by it to house electric meters. It is not disputed that the deduction under Section 80 IB/IC was for manufacture of electric meters. The manufacture and supply of boxes, which are essentially for housing el....