https://www.taxtmi.com/caselaws?id=257031 The Tribunal upheld the CIT(A)'s decision, allowing the assessee's deduction under Section 80IB of the Income Tax Act. It emphasized the importance of consistency in tax assessments and ruled that the assessee, who began manufacturing in FY 2000-01, was entitled to the deduction for the Assessment Year 2009-10. The Tribunal dismissed the Revenue's appeal, highlighting that initial conditions being met in the relevant year justified the deduction for subsequent years. en-us Fri, 06 Feb 2015 00:00:00 +0530 Sat, 07 Nov 2015 16:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257031 The Tribunal upheld the CIT(A)'s decision, allowing the assessee's deduction under Section 80IB of the Income Tax Act. It emphasized the importance of consistency in tax assessments and ruled that the assessee, who began manufacturing in FY 2000-01, was entitled to the deduction for the Assessment Year 2009-10. The Tribunal dismissed the Revenue's appeal, highlighting that initial conditions being met in the relevant year justified the deduction for subsequent years. Case-Laws Income Tax Fri, 06 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257031