https://www.taxtmi.com/caselaws?id=261911 The ITAT upheld the AO's decision to disallow the deduction under Section 80IC of the Income Tax Act for the assessee. It was found that the manufacturing activities at Kala Amb were minimal, with most operations conducted outside the designated area. The claim of substantial expansion was deemed stage-managed, leading to the dismissal of the appeal. The ITAT emphasized the importance of genuine industrial activity in backward areas to qualify for such deductions. en-us Fri, 24 Jul 2015 00:00:00 +0530 Mon, 09 Nov 2015 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261911 The ITAT upheld the AO's decision to disallow the deduction under Section 80IC of the Income Tax Act for the assessee. It was found that the manufacturing activities at Kala Amb were minimal, with most operations conducted outside the designated area. The claim of substantial expansion was deemed stage-managed, leading to the dismissal of the appeal. The ITAT emphasized the importance of genuine industrial activity in backward areas to qualify for such deductions. Case-Laws Income Tax Fri, 24 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261911