SUPREME COURT OF INDIA
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Civil Appeal No. 1397 of 2016
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Southern Sea Foods Ltd. .......................................................Appellant.
(Now Known as SSF)
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Joint Commissioner of Income-Tax.......................................Respondent |
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Ranjan Gogoi And Prafulla C. Pant, JJ.
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| Date :February 15, 2016 |
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| Appearances |
Mayank Kshirsagar, Arvind Minocha For the Petitioner :
N. K. Kaul, D. L. Chidananda, Bhuwan Mishra, Hansa Kaul, Anil Katiyar, B. V. Balaram Das For the Respondent :
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Section 80HHC of the Income Tax Act, 1961 — Deduction — Assessee, an export house exported through export house and received the sum in Indian currency which constituted export turnover eligible for deduction — Southern Sea Foods ltd vs. Joint Commissioner of Income Tax.
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JUDGMENT
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1. Leave granted.
2. In view of the decision rendered by this court in CIT v. Baby Marine Exports [2007] 4 SCC 555 : [2007] 290 ITR 323 (SC) which has been followed subsequently in CIT v. Dalbir Singh [Civil Appeal No. 6430 of 2012] and other connected matters, decided on 12th September, 2012, we allow this appeal and set aside the order of the High Court. All consequential reliefs be granted to the appellant. |
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[2016] 382 ITR 306 (SC) |
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