https://www.taxtmi.com/caselaws?id=215778 The Revenue appealed against the Tribunal's decision granting the benefit of Section 80IC to the Baddi unit without adjusting losses from Delhi units. The ITAT upheld the independent treatment of each unit for deduction purposes under Section 80IA and 80IC, based on relevant court precedents. The Court affirmed the ITAT's decision, emphasizing separate treatment of units and the Assessing Officer's discretion in carrying forward losses. The appeal was dismissed as no substantial legal question arose, maintaining consistency with past rulings. en-us Mon, 06 Aug 2012 00:00:00 +0530 Fri, 17 Aug 2012 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215778 The Revenue appealed against the Tribunal's decision granting the benefit of Section 80IC to the Baddi unit without adjusting losses from Delhi units. The ITAT upheld the independent treatment of each unit for deduction purposes under Section 80IA and 80IC, based on relevant court precedents. The Court affirmed the ITAT's decision, emphasizing separate treatment of units and the Assessing Officer's discretion in carrying forward losses. The appeal was dismissed as no substantial legal question arose, maintaining consistency with past rulings. Case-Laws Income Tax Mon, 06 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215778