https://www.taxtmi.com/caselaws?id=375697 The ITAT dismissed the Revenue's appeal and affirmed the CIT (A)'s order for A.Y 2012-13, allowing the deduction claimed by the assessee under section 80IB(8A). The ITAT emphasized that the approval from the prescribed authority as a research and development company was sufficient to establish the assessee's eligibility for the deduction, and until such approval was withdrawn, the deduction could not be denied. The decision was consistent with previous years' findings, leading to the dismissal of the Revenue's appeal. en-us Wed, 20 Feb 2019 00:00:00 +0530 Sat, 23 Feb 2019 08:56:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375697 The ITAT dismissed the Revenue's appeal and affirmed the CIT (A)'s order for A.Y 2012-13, allowing the deduction claimed by the assessee under section 80IB(8A). The ITAT emphasized that the approval from the prescribed authority as a research and development company was sufficient to establish the assessee's eligibility for the deduction, and until such approval was withdrawn, the deduction could not be denied. The decision was consistent with previous years' findings, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Wed, 20 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375697