https://www.taxtmi.com/caselaws?id=238832 The Tribunal upheld the denial of deduction under section 10B, stating that extension of an existing unit cannot be treated as a new unit. The issue of disallowance of brought forward loss was remitted to the AO pending a High Court decision. The levy of interest under sections 234B, 234C, and 234D was upheld as mandatory. The disallowance of depreciation was subject to the assessee providing necessary bills and vouchers for verification. The appeal was partly allowed, with certain issues remitted back to the AO for further assessment based on pending decisions and additional evidence. en-us Fri, 13 Sep 2013 00:00:00 +0530 Fri, 01 Nov 2013 08:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238832 The Tribunal upheld the denial of deduction under section 10B, stating that extension of an existing unit cannot be treated as a new unit. The issue of disallowance of brought forward loss was remitted to the AO pending a High Court decision. The levy of interest under sections 234B, 234C, and 234D was upheld as mandatory. The disallowance of depreciation was subject to the assessee providing necessary bills and vouchers for verification. The appeal was partly allowed, with certain issues remitted back to the AO for further assessment based on pending decisions and additional evidence. Case-Laws Income Tax Fri, 13 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238832