Section 80IC benefit ineligible to unit outsourcing most of production process

CIT Vs Usha Infrasystems (Himachal Pradesh High Court)

Himachal Pradesh High Court held that benefit u/s 80IC not available when only small part of entire process is carried out at unit and other process is outsourced.

Facts-

The respondent had begun production of Foundation Anchor Rods for Windmills w.e.f. 29.06.2004 in Industrial Area Parwanoo. The assessee, for the first time, claimed 100% deduction on the income u/s. 80IC(2)(ii) of the Income Tax Act, 1961. AO d

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