https://www.taxtmi.com/caselaws?id=186808 The ITAT Ahmedabad dismissed Revenue's appeals but partly allowed the assessee's appeal for Assessment Year 2003-04 and 2006-07 regarding deduction u/s. 80IB. The CIT (A) decision was upheld, allowing the deduction as the assessee was found to employ more than 10 workers. The ITAT also clarified that the deduction u/s. 80IB is limited to available gross total income. Additionally, interest u/s. 234D was not charged for A.Y. 2003-04 based on a Delhi High Court decision. The order was pronounced on 12-08-2011. en-us Fri, 12 Aug 2011 00:00:00 +0530 Sat, 01 Oct 2016 10:36:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186808 The ITAT Ahmedabad dismissed Revenue's appeals but partly allowed the assessee's appeal for Assessment Year 2003-04 and 2006-07 regarding deduction u/s. 80IB. The CIT (A) decision was upheld, allowing the deduction as the assessee was found to employ more than 10 workers. The ITAT also clarified that the deduction u/s. 80IB is limited to available gross total income. Additionally, interest u/s. 234D was not charged for A.Y. 2003-04 based on a Delhi High Court decision. The order was pronounced on 12-08-2011. Case-Laws Income Tax Fri, 12 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186808