https://www.taxtmi.com/caselaws?id=373853 The High Court upheld the Tribunal's decision, affirming the assessee's claim that the initial year of commencement of manufacturing activity for deduction under Section 80IB of the Income Tax Act, 1961 was A.Y. 1995-96. The Court accepted the evidence presented by the assessee regarding material procurement and manufacturing commencement during that period, emphasizing the importance of these factors in determining eligibility for deductions under Section 80IB. en-us Tue, 15 Jan 2019 00:00:00 +0530 Mon, 21 Jan 2019 09:44:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373853 The High Court upheld the Tribunal's decision, affirming the assessee's claim that the initial year of commencement of manufacturing activity for deduction under Section 80IB of the Income Tax Act, 1961 was A.Y. 1995-96. The Court accepted the evidence presented by the assessee regarding material procurement and manufacturing commencement during that period, emphasizing the importance of these factors in determining eligibility for deductions under Section 80IB. Case-Laws Income Tax Tue, 15 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373853