https://www.taxtmi.com/caselaws?id=328773 The Tribunal upheld the CIT(A)'s decision, ruling that the assessee was entitled to claim deduction under section 80IB(10) of the Income Tax Act. The Tribunal found that the project met the conditions applicable before the amendments introduced by the Finance (No.2) Act 2004, which were held to be prospective from AY 2005-06. Consequently, the appeals of the revenue were dismissed, and the assessee's cross objections were not pressed, affirming the eligibility for the deduction for the relevant assessment years. en-us Wed, 11 May 2016 00:00:00 +0530 Tue, 14 Jun 2016 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328773 The Tribunal upheld the CIT(A)'s decision, ruling that the assessee was entitled to claim deduction under section 80IB(10) of the Income Tax Act. The Tribunal found that the project met the conditions applicable before the amendments introduced by the Finance (No.2) Act 2004, which were held to be prospective from AY 2005-06. Consequently, the appeals of the revenue were dismissed, and the assessee's cross objections were not pressed, affirming the eligibility for the deduction for the relevant assessment years. Case-Laws Income Tax Wed, 11 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328773