https://www.taxtmi.com/caselaws?id=118171 Deduction under section 80-IA was held allowable where the assessee retained control over manufacture, supplied technical inputs, supervised production, and marketed the products under its own brand, even though the work was carried out through loan licensee manufacturers who were not separately eligible. The incentive applied to the assessee's manufacturing activity as a whole, so disallowance on that ground was rejected. In the block assessment context, an amount could not be treated as undisclosed income under Chapter XIV-B merely on the basis of a retracted admission when search operations yielded no incriminating material. Without search-based evidence of concealment, the regular book entry could not be converted into block-assessment income. en-us Thu, 22 Jun 2006 00:00:00 +0530 Tue, 31 Jul 2012 23:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118171 Deduction under section 80-IA was held allowable where the assessee retained control over manufacture, supplied technical inputs, supervised production, and marketed the products under its own brand, even though the work was carried out through loan licensee manufacturers who were not separately eligible. The incentive applied to the assessee's manufacturing activity as a whole, so disallowance on that ground was rejected. In the block assessment context, an amount could not be treated as undisclosed income under Chapter XIV-B merely on the basis of a retracted admission when search operations yielded no incriminating material. Without search-based evidence of concealment, the regular book entry could not be converted into block-assessment income. Case-Laws Income Tax Thu, 22 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118171