https://www.taxtmi.com/caselaws?id=411675 The ITAT dismissed the appeals of the department, affirming the CIT(A)'s decision to allow the full deduction under Section 80IC for the assessment years in question. The ITAT found that the AO's disallowance was based on incorrect assumptions and misinterpretations of the seized documents and statements. Emphasizing the need for consistency in the application of tax laws and deductions across different assessment years, the ITAT upheld the CIT(A)'s orders and highlighted the inconsistencies in the department's approach in previous years. en-us Wed, 25 Aug 2021 00:00:00 +0530 Tue, 31 Aug 2021 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411675 The ITAT dismissed the appeals of the department, affirming the CIT(A)'s decision to allow the full deduction under Section 80IC for the assessment years in question. The ITAT found that the AO's disallowance was based on incorrect assumptions and misinterpretations of the seized documents and statements. Emphasizing the need for consistency in the application of tax laws and deductions across different assessment years, the ITAT upheld the CIT(A)'s orders and highlighted the inconsistencies in the department's approach in previous years. Case-Laws Income Tax Wed, 25 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411675