https://www.taxtmi.com/caselaws?id=239020 The Tribunal, guided by the Bombay High Court's decision in ABG Heavy Industries Ltd., ruled in favor of the assessee, allowing the deduction under section 80IA(4) for the relevant assessment years. The Tribunal emphasized the clarificatory nature of the amendment to section 80IA(4) and the importance of interpreting tax provisions in line with legislative intent. The decision was rendered on 28.2.2013, directing the Assessing Officer to permit the deduction for the projects in question for both assessment years. en-us Thu, 28 Feb 2013 00:00:00 +0530 Fri, 05 May 2017 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239020 The Tribunal, guided by the Bombay High Court's decision in ABG Heavy Industries Ltd., ruled in favor of the assessee, allowing the deduction under section 80IA(4) for the relevant assessment years. The Tribunal emphasized the clarificatory nature of the amendment to section 80IA(4) and the importance of interpreting tax provisions in line with legislative intent. The decision was rendered on 28.2.2013, directing the Assessing Officer to permit the deduction for the projects in question for both assessment years. Case-Laws Income Tax Thu, 28 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239020