https://www.taxtmi.com/caselaws?id=290453 The Tribunal upheld the CIT(A)'s decision to allow the deduction under section 80IA(4)(iii) of the Income-tax Act for the assessment year 2011-12. Despite initial denials and disputes from previous years, the assessee demonstrated compliance with the Industrial Park Scheme conditions, leading to the allowance of the deduction based on additional details provided, including income from rent and maintenance charges. The consistent history of compliance and past allowances supported the decision in favor of the assessee, resulting in the dismissal of the Revenue's appeal. en-us Fri, 27 Apr 2018 00:00:00 +0530 Sun, 27 Sep 2020 12:49:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290453 The Tribunal upheld the CIT(A)'s decision to allow the deduction under section 80IA(4)(iii) of the Income-tax Act for the assessment year 2011-12. Despite initial denials and disputes from previous years, the assessee demonstrated compliance with the Industrial Park Scheme conditions, leading to the allowance of the deduction based on additional details provided, including income from rent and maintenance charges. The consistent history of compliance and past allowances supported the decision in favor of the assessee, resulting in the dismissal of the Revenue's appeal. Case-Laws Income Tax Fri, 27 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290453