https://www.taxtmi.com/caselaws?id=328415 The Revenue's appeal against the Commissioner of Income-tax (Appeals) order regarding the deduction u/s 80IB was focused on various aspects including the eligibility based on plant and machinery, the requirement of employing a specific number of workers, and the consideration of contract workers as employees. The Tribunal emphasized the need for a comprehensive reassessment by the Assessing Officer due to discrepancies in the initial findings, ultimately remitting the issue for a fresh assessment. The judgment underscored the significance of meeting specific conditions related to plant and machinery, worker employment, and manufacturing activity for claiming the deduction u/s 80IB. en-us Fri, 01 Apr 2016 00:00:00 +0530 Fri, 03 Jun 2016 12:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328415 The Revenue's appeal against the Commissioner of Income-tax (Appeals) order regarding the deduction u/s 80IB was focused on various aspects including the eligibility based on plant and machinery, the requirement of employing a specific number of workers, and the consideration of contract workers as employees. The Tribunal emphasized the need for a comprehensive reassessment by the Assessing Officer due to discrepancies in the initial findings, ultimately remitting the issue for a fresh assessment. The judgment underscored the significance of meeting specific conditions related to plant and machinery, worker employment, and manufacturing activity for claiming the deduction u/s 80IB. Case-Laws Income Tax Fri, 01 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328415