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It exemption under 10 b for an 100% eou .

(Querist) 28 January 2014 This query is : Resolved 
SIR I AM HAVING AN 100% EOU GRANITE MINING UNIT UNIT SINCE 2008. I USED OLD MACHINERY FOR THE GRANITE DIMENSIONAL BLOCKS PRODUCTION. IN THE FINANCIAL YEAR 1.4.201-31.3.2011. I AVAIL IT EXEMPTION UNDER 10 B. NOW MY INCOME TAX OFFICER SAYS MY CLAIN IS INVALID IN 2 REASONS. 1. MINING WILL NOT A MANUFACTURING WORK. 2 USING OLD MACHINERY IS NOT PERMISSIBLE TO CLAIM IT UNDER 10 B OF INCOME TAX ACT. PLS GUIDE ME.
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ajay sethi (Expert) 28 January 2014
commercial query
Rajendra K Goyal (Expert) 28 January 2014
commercial query.

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