https://www.taxtmi.com/caselaws?id=405481 The tribunal remanded the case to the CIT(A) for further examination as the existing order did not adequately address the findings of the AO and ADIT regarding the justification of claiming a deduction under Section 80IB(4) for a new unit. The tribunal highlighted that an increase in production capacity alone does not establish a new unit eligible for deduction. The CIT(A) was directed to consider all relevant aspects and Supreme Court decisions in the fresh examination, including the alternative plea of the assessee. en-us Tue, 02 Mar 2021 00:00:00 +0530 Mon, 22 Mar 2021 09:16:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405481 The tribunal remanded the case to the CIT(A) for further examination as the existing order did not adequately address the findings of the AO and ADIT regarding the justification of claiming a deduction under Section 80IB(4) for a new unit. The tribunal highlighted that an increase in production capacity alone does not establish a new unit eligible for deduction. The CIT(A) was directed to consider all relevant aspects and Supreme Court decisions in the fresh examination, including the alternative plea of the assessee. Case-Laws Income Tax Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405481