https://www.taxtmi.com/caselaws?id=71297 The case involved the assessee's claim for deduction under Section 80-IA of the Income Tax Act and for depreciation of Rs. 6,26,912. The Assessing Officer disallowed the deduction under Section 80-IA, stating that the new unit was formed as a result of splitting up and reconstruction of the old unit. The CIT(A) confirmed the assessment order. The case was remitted back to the CIT(A) for re-examination in light of provided guidelines. The claim for depreciation was also rejected, and the CIT(A) was directed to re-examine the issue and pass a fresh order. The appeal was partly allowed for statistical purposes. en-us Mon, 31 Jul 2006 00:00:00 +0530 Thu, 26 Jul 2012 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71297 The case involved the assessee's claim for deduction under Section 80-IA of the Income Tax Act and for depreciation of Rs. 6,26,912. The Assessing Officer disallowed the deduction under Section 80-IA, stating that the new unit was formed as a result of splitting up and reconstruction of the old unit. The CIT(A) confirmed the assessment order. The case was remitted back to the CIT(A) for re-examination in light of provided guidelines. The claim for depreciation was also rejected, and the CIT(A) was directed to re-examine the issue and pass a fresh order. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Mon, 31 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71297