https://www.taxtmi.com/caselaws?id=410886 The High Court directed the ITAT to re-examine compliance with the Industrial Park Scheme, eligibility for deductions under Section 80IA(4)(iii), number of tenants, and allocation of space. The Tribunal was tasked with verifying if the industrial park met scheme conditions and the functional test. The matter required a fresh examination by the AO to establish factual findings. The appeals by the Revenue were allowed for statistical purposes, and cases were restored to the AO for detailed examination. en-us Tue, 10 Aug 2021 00:00:00 +0530 Wed, 11 Aug 2021 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410886 The High Court directed the ITAT to re-examine compliance with the Industrial Park Scheme, eligibility for deductions under Section 80IA(4)(iii), number of tenants, and allocation of space. The Tribunal was tasked with verifying if the industrial park met scheme conditions and the functional test. The matter required a fresh examination by the AO to establish factual findings. The appeals by the Revenue were allowed for statistical purposes, and cases were restored to the AO for detailed examination. Case-Laws Income Tax Tue, 10 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410886