https://www.taxtmi.com/caselaws?id=76858 The High Court upheld the Income-tax Appellate Tribunal's decision, ruling in favor of the respondent manufacturer of empty hard gelatine capsules. The court affirmed the respondent's entitlement to deduction under section 80-IA of the Income-tax Act for the assessment years 2003-04 and 2004-05. The court found that the conditions of section 80-IA(2) were met, supported by evidence of the establishment of unit 2 and its separate identity and profitability. The appeal against the denial of the deduction was dismissed, with the court determining no substantial question of law requiring consideration had arisen. en-us Fri, 08 Jan 2010 00:00:00 +0530 Tue, 06 Sep 2011 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76858 The High Court upheld the Income-tax Appellate Tribunal's decision, ruling in favor of the respondent manufacturer of empty hard gelatine capsules. The court affirmed the respondent's entitlement to deduction under section 80-IA of the Income-tax Act for the assessment years 2003-04 and 2004-05. The court found that the conditions of section 80-IA(2) were met, supported by evidence of the establishment of unit 2 and its separate identity and profitability. The appeal against the denial of the deduction was dismissed, with the court determining no substantial question of law requiring consideration had arisen. Case-Laws Income Tax Fri, 08 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76858