https://www.taxtmi.com/caselaws?id=260878 The Tribunal upheld the CIT(A)'s orders, setting aside reassessment proceedings for AYs 2003-04, 2004-05, and 2005-06, and dismissed the Revenue's appeals. For AY 2006-07, the Tribunal directed the AO to allow the deduction under Section 80IB(10) as the assessee met all conditions at the time of project approval. The Tribunal also dismissed the Revenue's appeals against the cancellation of penalties and cross objections as infructuous. The assessee's appeal for AY 2006-07 was allowed. en-us Wed, 17 Jun 2015 00:00:00 +0530 Fri, 26 Jun 2015 10:23:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260878 The Tribunal upheld the CIT(A)'s orders, setting aside reassessment proceedings for AYs 2003-04, 2004-05, and 2005-06, and dismissed the Revenue's appeals. For AY 2006-07, the Tribunal directed the AO to allow the deduction under Section 80IB(10) as the assessee met all conditions at the time of project approval. The Tribunal also dismissed the Revenue's appeals against the cancellation of penalties and cross objections as infructuous. The assessee's appeal for AY 2006-07 was allowed. Case-Laws Income Tax Wed, 17 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260878