SEZ profit not to be included in computation of Book Profit

IN THE ITAT MUMBAI BENCH ‘E’ Genesys International Corpn. Ltd. Versus Assistant Commissioner of Income-tax, Circle 8(1) IT Appeal NOs. 6903 (MUM.) of 2011 & 609 (Mum.) of 2012 [ASSESSMENT YEARs 2008-09 & 2009-10] Date of Pronouncement – 31.10.2012 ORDER B.R. Mittal, Judicial Member The assessee has filed these two appeals against orders of ld CIT(A) dated 1.8.2011 for assessment year 2008-09 and dated 23.1.2012 for assessment year 2009-2010 on following grounds: “1.  The Commissioner of Income tax (Appeal) erred in upholding the Assessing Offic...