https://www.taxtmi.com/caselaws?id=325730 The Tribunal upheld the CIT(A)'s decision, determining that the initial assessment year for Section 80IA(5) deduction is the first year of claim. It emphasized the binding nature of non-jurisdictional High Court judgments and allowed the deduction under Section 80IA(4) based on the initial claim year. The Tribunal dismissed the Revenue's appeal, affirming the deduction and emphasizing the assessee's right to choose the initial deduction year within the specified period. en-us Wed, 10 Feb 2016 00:00:00 +0530 Mon, 28 Mar 2016 07:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325730 The Tribunal upheld the CIT(A)'s decision, determining that the initial assessment year for Section 80IA(5) deduction is the first year of claim. It emphasized the binding nature of non-jurisdictional High Court judgments and allowed the deduction under Section 80IA(4) based on the initial claim year. The Tribunal dismissed the Revenue's appeal, affirming the deduction and emphasizing the assessee's right to choose the initial deduction year within the specified period. Case-Laws Income Tax Wed, 10 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325730