https://www.taxtmi.com/caselaws?id=210393 The Tribunal allowed the appeal of the assessee for statistical purposes, remanding the matter to the Assessing Officer for fresh adjudication. The Tribunal found that the assessee had fulfilled the conditions for exemption under section 80IB(7)(b) by obtaining the required approval, which was not considered by the Assessing Officer. The Tribunal emphasized the duty of the Income Tax Officer to apply relevant provisions accurately and admitted the additional grounds for deduction under section 80IB(7)(b) for adjudication. en-us Tue, 13 Dec 2011 00:00:00 +0530 Tue, 24 Jan 2012 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210393 The Tribunal allowed the appeal of the assessee for statistical purposes, remanding the matter to the Assessing Officer for fresh adjudication. The Tribunal found that the assessee had fulfilled the conditions for exemption under section 80IB(7)(b) by obtaining the required approval, which was not considered by the Assessing Officer. The Tribunal emphasized the duty of the Income Tax Officer to apply relevant provisions accurately and admitted the additional grounds for deduction under section 80IB(7)(b) for adjudication. Case-Laws Income Tax Tue, 13 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210393