https://www.taxtmi.com/caselaws?id=244641 Deduction under Section 80IB was available to a small scale industrial undertaking where the assessee held provisional SSI registration before the relevant cut-off date and the eligible plant and machinery investment, computed under the applicable governmental clarification and statutory criteria, remained within the prescribed limit. The higher gross investment figure alone was not determinative because notified exclusions had to be applied to the computation. On the facts accepted by the revenue authorities, the unit retained SSI status and satisfied the investment threshold, so the disallowance was rightly deleted and the deduction allowed. en-us Thu, 28 Feb 2013 00:00:00 +0530 Tue, 04 Mar 2014 10:36:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244641 Deduction under Section 80IB was available to a small scale industrial undertaking where the assessee held provisional SSI registration before the relevant cut-off date and the eligible plant and machinery investment, computed under the applicable governmental clarification and statutory criteria, remained within the prescribed limit. The higher gross investment figure alone was not determinative because notified exclusions had to be applied to the computation. On the facts accepted by the revenue authorities, the unit retained SSI status and satisfied the investment threshold, so the disallowance was rightly deleted and the deduction allowed. Case-Laws Income Tax Thu, 28 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244641