Section 10AA deduction allowed on Profit enhanced due to addition for unverifiable purchases

Amrapali Exports Vs DCIT (ITAT Jaipur) ld. DR submitted that the addition have been made u/s 69C which is a deeming provision and the same cannot be considered for benefit u/s 10AA which is restricted to the profit and gains derived from export. It was further submitted that the Circular No. 37/2016 dated 21.01.2016 referred by the AR is in the context of deduction on enhanced profits under chapter VIA whereas in the present case, the assessee has claimed deduction u/s 10AA which falls under chapter II of the Act. After hearing both the parties and going through the material available on recor...