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Section 10B- Compiling, editing, digital designing of software amounts to Manufacture
Case Law Details
- Case Name
- CIT Vs. Kiran Kapoor (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
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Issue before court:
Whether assessee’s engagement in activities of collection, collation, formatting of data, editing, digital designing etc. can be termed at manufacturing to avail the benefits of section 10B of the Income-tax Act.
Brief facts:
♠ Assessee claimed to be software exporter to The Netherland engaged in the manufacturing of e-book software namely 100 Wonders of India and hence claimed exemption under section 10 amounting to Rs. 39,32,594/-.
♠ AO being unsatisfied denied exemption and disallowed the amount claimed by assessee u/s 10 B.
♠ The process deployed by the assesse...
