2020 (6) TMI 724

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....pellant : Mr.M.Vijayaraghavan for M/s.Subbaraya Aiyar Padmanabhan For the Respondent : Mr.M.Swaminathan, Senior Standing Counsel assisted by Ms.V.Pushpa Junior Standing Counsel JUDGMENT (Judgment of the Court was delivered by DR.VINEET KOTHARI, J) Both the learned counsel agree that the controversy in the present case is covered by the decision rendered by this Bench in Tax Case Appeal No.228 ....

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.... or 10B would be made while computing the gross total income of the eligible undertaking (like the Assessee) under Chapter IV of the Act and not at the stage of computation of the total income under Chapter VI of the Act. 28. Here in the case in hand, the total income was first arrived at by the Revenue through the Assessing Officer in the Assessment Order by computing the total income by way of....