https://www.taxtmi.com/caselaws?id=399170 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on both issues: the deduction under Section 80IA(iv)(a) of the Income Tax Act, 1961, and the allowance of prior period expenses. The Tribunal dismissed the Revenue's appeal, confirming that the initial assessment year for claiming the deduction was correctly determined as Assessment Year 2010-11 and that the prior period expenses were already included in the total depreciation claimed. The order was pronounced on October 1, 2020. en-us Thu, 01 Oct 2020 00:00:00 +0530 Mon, 05 Oct 2020 08:46:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399170 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on both issues: the deduction under Section 80IA(iv)(a) of the Income Tax Act, 1961, and the allowance of prior period expenses. The Tribunal dismissed the Revenue's appeal, confirming that the initial assessment year for claiming the deduction was correctly determined as Assessment Year 2010-11 and that the prior period expenses were already included in the total depreciation claimed. The order was pronounced on October 1, 2020. Case-Laws Income Tax Thu, 01 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399170