Chilling of Milk Held to Be Processing for Section 80IB(11A) Benefit: ITAT Hyderabad

DCIT Vs Dodla Dairy Limited (ITAT Hyderabad) Chilling Plants Qualify for Section 80IB(11A): Processing, Preservation Packaging of Milk Need Not Be End-to-End — ITAT Hyderabad Upholds Deduction The Hyderabad ‘B’ Bench of the Income Tax Appellate Tribunal, Hyderabad Bench dismissed the Revenue’s appeals for AYs 2012-13 to 2014-15, 2016-17 and 2017-18 and upheld the allowability of deduction under section 80IB(11A) to Dodla Dairy Limited in respect of its chilling plants. The core dispute was whether chilling plants, which undertake collection, testing, chilling and storage of raw milk be...