https://www.taxtmi.com/caselaws?id=2048 The High Court dismissed the Revenue's appeal as no substantial question of law arose from the case. The judgment upheld the Assessee's eligibility for deduction under Section 80-IA based on specific circumstances and legal provisions analyzed during the proceedings. The Assessee, engaged in manufacturing rubberized cork sheets, was entitled to the deduction for ten years from the start of production, meeting the conditions under Section 80-IA and Section 80-I of the Act as a small scale industrial undertaking. The principle of consistency in Income Tax proceedings was emphasized, highlighting the importance of following previous decisions unless material circumstances necessitate a departure. en-us Thu, 15 Feb 2007 00:00:00 +0530 Sat, 02 Aug 2008 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2048 The High Court dismissed the Revenue's appeal as no substantial question of law arose from the case. The judgment upheld the Assessee's eligibility for deduction under Section 80-IA based on specific circumstances and legal provisions analyzed during the proceedings. The Assessee, engaged in manufacturing rubberized cork sheets, was entitled to the deduction for ten years from the start of production, meeting the conditions under Section 80-IA and Section 80-I of the Act as a small scale industrial undertaking. The principle of consistency in Income Tax proceedings was emphasized, highlighting the importance of following previous decisions unless material circumstances necessitate a departure. Case-Laws Income Tax Thu, 15 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2048