https://www.taxtmi.com/caselaws?id=372130 The Tribunal upheld the CIT (A)'s decision, affirming the validity of the assessee's claim for deduction under section 80IC for assessment years 2009-10 and 2010-11. The Tribunal concluded that the substantial expansion was completed within the relevant period, all conditions were met, and commercial production commenced as confirmed by the Central Excise Department. For the assessment year 2012-13, the Tribunal disagreed with the CIT (A) and AO, allowing the deduction claimed in the revised return filed under section 139(5) as per the correct interpretation of section 80AC and section 80A(5). en-us Mon, 06 Aug 2018 00:00:00 +0530 Tue, 18 Dec 2018 11:53:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372130 The Tribunal upheld the CIT (A)'s decision, affirming the validity of the assessee's claim for deduction under section 80IC for assessment years 2009-10 and 2010-11. The Tribunal concluded that the substantial expansion was completed within the relevant period, all conditions were met, and commercial production commenced as confirmed by the Central Excise Department. For the assessment year 2012-13, the Tribunal disagreed with the CIT (A) and AO, allowing the deduction claimed in the revised return filed under section 139(5) as per the correct interpretation of section 80AC and section 80A(5). Case-Laws Income Tax Mon, 06 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372130