https://www.taxtmi.com/caselaws?id=394917 The court affirmed that the assessee is entitled to claim the deduction under Section 80-IA even if the audit report was filed during reassessment proceedings. Additionally, the court upheld the deduction under Section 80-IA for Unit-II, noting the distinct nature of its operations and products, and that the profits were correctly accounted for. The appeal was dismissed, and the decisions of the CIT(A) and the Tribunal were upheld, with substantial questions of law answered against the Revenue. en-us Tue, 07 Jan 2020 00:00:00 +0530 Tue, 28 Apr 2020 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394917 The court affirmed that the assessee is entitled to claim the deduction under Section 80-IA even if the audit report was filed during reassessment proceedings. Additionally, the court upheld the deduction under Section 80-IA for Unit-II, noting the distinct nature of its operations and products, and that the profits were correctly accounted for. The appeal was dismissed, and the decisions of the CIT(A) and the Tribunal were upheld, with substantial questions of law answered against the Revenue. Case-Laws Income Tax Tue, 07 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394917