https://www.taxtmi.com/caselaws?id=215869 The Tribunal dismissed the Revenue's appeal and upheld the CIT (A)'s decision, allowing the assessee's claim for deduction under section 54G of the Income Tax Act. It was determined that the assessee met the conditions for the deduction, the industrial undertaking remained in existence during the shifting process, and the utilization of land in a non-urban area for business purposes was deemed eligible for the deduction. The order was issued on 27th June 2012. en-us Wed, 27 Jun 2012 00:00:00 +0530 Tue, 21 Aug 2012 18:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215869 The Tribunal dismissed the Revenue's appeal and upheld the CIT (A)'s decision, allowing the assessee's claim for deduction under section 54G of the Income Tax Act. It was determined that the assessee met the conditions for the deduction, the industrial undertaking remained in existence during the shifting process, and the utilization of land in a non-urban area for business purposes was deemed eligible for the deduction. The order was issued on 27th June 2012. Case-Laws Income Tax Wed, 27 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215869