https://www.taxtmi.com/caselaws?id=195341 The court upheld the ITAT's order directing the petitioner to pay Rs. 80 crores and furnish corporate securities for the remaining tax demand. It found the order reasonable, considering the petitioner's financial hardship. The court noted disputed facts regarding the petitioner's business commencement date and the applicability of amended provisions of Section 80-IA, indicating these issues required thorough consideration by the ITAT. The court dismissed the petition, emphasizing the need for the ITAT to address the debated issues in the petitioner's appeal. en-us Wed, 30 Apr 2014 00:00:00 +0530 Fri, 27 Oct 2017 09:02:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195341 The court upheld the ITAT's order directing the petitioner to pay Rs. 80 crores and furnish corporate securities for the remaining tax demand. It found the order reasonable, considering the petitioner's financial hardship. The court noted disputed facts regarding the petitioner's business commencement date and the applicability of amended provisions of Section 80-IA, indicating these issues required thorough consideration by the ITAT. The court dismissed the petition, emphasizing the need for the ITAT to address the debated issues in the petitioner's appeal. Case-Laws Income Tax Wed, 30 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195341