https://www.taxtmi.com/caselaws?id=327339 The Tribunal held that the initial assessment year for Section 80IA deductions is the year in which the deduction is first claimed, not the year the eligible business commenced. The A.O. was directed to allow the deduction as claimed by the assessee, overturning the CIT(A)'s decision. The appeal by the assessee was successful, and the judgment was pronounced on 24th March 2016. en-us Thu, 24 Mar 2016 00:00:00 +0530 Mon, 09 May 2016 00:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327339 The Tribunal held that the initial assessment year for Section 80IA deductions is the year in which the deduction is first claimed, not the year the eligible business commenced. The A.O. was directed to allow the deduction as claimed by the assessee, overturning the CIT(A)'s decision. The appeal by the assessee was successful, and the judgment was pronounced on 24th March 2016. Case-Laws Income Tax Thu, 24 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327339