https://www.taxtmi.com/caselaws?id=395761 The Tribunal reversed the denial of a deduction under Section 80IC of the Income Tax Act, 1961 for the assessee, a Hindu undivided family, for the Assessment Year 2014-15. The denial was based on alleged discrepancies in machinery availability, electric consumption, and evidence of goods movement. The Tribunal found insufficient evidence to support the denial and directed the Assessing Officer to grant the deduction for Unit III at Paonta Sahib, overturning the decisions of the AO and CIT (Appeals). The appeal was allowed on 02/06/2020. en-us Tue, 02 Jun 2020 00:00:00 +0530 Fri, 05 Jun 2020 12:53:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395761 The Tribunal reversed the denial of a deduction under Section 80IC of the Income Tax Act, 1961 for the assessee, a Hindu undivided family, for the Assessment Year 2014-15. The denial was based on alleged discrepancies in machinery availability, electric consumption, and evidence of goods movement. The Tribunal found insufficient evidence to support the denial and directed the Assessing Officer to grant the deduction for Unit III at Paonta Sahib, overturning the decisions of the AO and CIT (Appeals). The appeal was allowed on 02/06/2020. Case-Laws Income Tax Tue, 02 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395761