https://www.taxtmi.com/caselaws?id=214031 The case involved an appeal by the Revenue challenging the grant of a deduction under section 80-IA of the Income-tax Act for a new unit at Silvassa. The main issue was whether the assessee had set up a new industrial undertaking to claim the deduction. The Tribunal found that the installation of new plant and machinery did not constitute the commencement of a separate new unit, as it was integrated with the existing setup. Therefore, the Tribunal upheld its decision, dismissing the Revenue's appeal as no substantial question of law arose. The judgment highlighted the necessity of establishing a distinct and separate new unit to qualify for deductions under section 80-IA. en-us Fri, 03 Feb 2012 00:00:00 +0530 Sat, 16 Jun 2012 14:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214031 The case involved an appeal by the Revenue challenging the grant of a deduction under section 80-IA of the Income-tax Act for a new unit at Silvassa. The main issue was whether the assessee had set up a new industrial undertaking to claim the deduction. The Tribunal found that the installation of new plant and machinery did not constitute the commencement of a separate new unit, as it was integrated with the existing setup. Therefore, the Tribunal upheld its decision, dismissing the Revenue's appeal as no substantial question of law arose. The judgment highlighted the necessity of establishing a distinct and separate new unit to qualify for deductions under section 80-IA. Case-Laws Income Tax Fri, 03 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214031