https://www.taxtmi.com/caselaws?id=409453 The Appellate Tribunal upheld the order of the CIT(A) and dismissed the Revenue's appeal regarding the entitlement to a proportionate deduction under section 80IB(10) of the Income Tax Act, 1961. Citing a previous decision in the assessee's favor for a similar issue, the Tribunal concluded that the assessee was entitled to the deduction for eligible units. The Tribunal noted consistency in decisions favoring the assessee and maintained that parity of reasoning applied in this case, leading to the dismissal of the Revenue's appeal and the grant of the proportionate deduction to the assessee on July 6, 2021. en-us Tue, 06 Jul 2021 00:00:00 +0530 Thu, 08 Jul 2021 08:46:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409453 The Appellate Tribunal upheld the order of the CIT(A) and dismissed the Revenue's appeal regarding the entitlement to a proportionate deduction under section 80IB(10) of the Income Tax Act, 1961. Citing a previous decision in the assessee's favor for a similar issue, the Tribunal concluded that the assessee was entitled to the deduction for eligible units. The Tribunal noted consistency in decisions favoring the assessee and maintained that parity of reasoning applied in this case, leading to the dismissal of the Revenue's appeal and the grant of the proportionate deduction to the assessee on July 6, 2021. Case-Laws Income Tax Tue, 06 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409453