https://www.taxtmi.com/caselaws?id=260685 Deduction under Section 80IB depended on whether the assessee had actually commenced manufacture or production within the prescribed period, and the Court held that this factual requirement was satisfied. Belated procurement of a factory licence under another statute did not, by itself, negate the commencement of production for income-tax purposes. Any breach of factory law had to be dealt with under that law and could not be used as the sole ground to deny the tax deduction where production itself was not in doubt. The Revenue's challenge failed and the deduction was sustained. en-us Thu, 21 Feb 2013 00:00:00 +0530 Fri, 19 Jun 2015 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260685 Deduction under Section 80IB depended on whether the assessee had actually commenced manufacture or production within the prescribed period, and the Court held that this factual requirement was satisfied. Belated procurement of a factory licence under another statute did not, by itself, negate the commencement of production for income-tax purposes. Any breach of factory law had to be dealt with under that law and could not be used as the sole ground to deny the tax deduction where production itself was not in doubt. The Revenue's challenge failed and the deduction was sustained. Case-Laws Income Tax Thu, 21 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260685