https://www.taxtmi.com/caselaws?id=177402 The Tribunal upheld the CIT(A)'s decision, allowing the assessee's deduction under section 80 IC despite the initial mention of section 80 IB. It was held that the assessee fulfilled the conditions for substantial expansion, qualifying for the benefit under section 80 IC. The Tribunal emphasized a liberal construction of the provisions as incentive measures. The appeal of the revenue was partly allowed, dismissing the grounds raised by the Revenue. en-us Mon, 30 Aug 2010 00:00:00 +0530 Fri, 08 Sep 2023 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177402 The Tribunal upheld the CIT(A)'s decision, allowing the assessee's deduction under section 80 IC despite the initial mention of section 80 IB. It was held that the assessee fulfilled the conditions for substantial expansion, qualifying for the benefit under section 80 IC. The Tribunal emphasized a liberal construction of the provisions as incentive measures. The appeal of the revenue was partly allowed, dismissing the grounds raised by the Revenue. Case-Laws Income Tax Mon, 30 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177402