https://www.taxtmi.com/caselaws?id=208987 Section 80-IB deduction is not lost merely because the assessee omitted to claim it in the first eligible year; where the statutory conditions are otherwise satisfied, the benefit may still be claimed for the remaining years of the ten-year period. The text also states that small-scale industrial undertaking status depends on meeting the prescribed conditions under section 11B of the Industries (Development and Regulation) Act, not on formal registration under that Act. On that basis, the assessee was treated as entitled to the deduction despite the earlier omission and absence of such registration. en-us Tue, 29 Mar 2011 00:00:00 +0530 Mon, 05 Aug 2013 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208987 Section 80-IB deduction is not lost merely because the assessee omitted to claim it in the first eligible year; where the statutory conditions are otherwise satisfied, the benefit may still be claimed for the remaining years of the ten-year period. The text also states that small-scale industrial undertaking status depends on meeting the prescribed conditions under section 11B of the Industries (Development and Regulation) Act, not on formal registration under that Act. On that basis, the assessee was treated as entitled to the deduction despite the earlier omission and absence of such registration. Case-Laws Income Tax Tue, 29 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208987