https://www.taxtmi.com/caselaws?id=407075 The Appellate Tribunal ITAT Delhi ruled in favor of the assessee, allowing the full 100% deduction claimed under section 80-IC for the assessment year 2014-15. The Tribunal emphasized the entitlement to the deduction for substantial expansion and dismissed the disallowance of interest, tour, and conveyance expenses made by the Assessing Officer. Additionally, the Tribunal clarified the differences between sections 80-IB and 80-IC, highlighting the applicability of these provisions based on specific circumstances. en-us Fri, 23 Apr 2021 00:00:00 +0530 Fri, 30 Apr 2021 08:24:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407075 The Appellate Tribunal ITAT Delhi ruled in favor of the assessee, allowing the full 100% deduction claimed under section 80-IC for the assessment year 2014-15. The Tribunal emphasized the entitlement to the deduction for substantial expansion and dismissed the disallowance of interest, tour, and conveyance expenses made by the Assessing Officer. Additionally, the Tribunal clarified the differences between sections 80-IB and 80-IC, highlighting the applicability of these provisions based on specific circumstances. Case-Laws Income Tax Fri, 23 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407075