https://www.taxtmi.com/caselaws?id=241165 The ITAT upheld the CIT(A)'s decision to allow the deduction under Section 80IC amounting to Rs.2,77,80,153 for the AY 2009-10. The ITAT emphasized the importance of consistency in tax assessments and cited relevant case laws to support the decision, stating that the Revenue should not deny deductions when consistent claims have been accepted in previous assessments. The ITAT dismissed the Revenue's appeal, concluding that the deduction should be allowed based on past practices and legal precedents, in line with the principle of consistency. en-us Fri, 13 Dec 2013 00:00:00 +0530 Wed, 18 Dec 2013 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241165 The ITAT upheld the CIT(A)'s decision to allow the deduction under Section 80IC amounting to Rs.2,77,80,153 for the AY 2009-10. The ITAT emphasized the importance of consistency in tax assessments and cited relevant case laws to support the decision, stating that the Revenue should not deny deductions when consistent claims have been accepted in previous assessments. The ITAT dismissed the Revenue's appeal, concluding that the deduction should be allowed based on past practices and legal precedents, in line with the principle of consistency. Case-Laws Income Tax Fri, 13 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241165