https://www.taxtmi.com/caselaws?id=413464 The ITAT DELHI allowed the deduction under section 80IC of the Income Tax Act for the Assessment Year 2015-16 in favor of the assessee, engaged in the business of induction Heat Seal Cap liner material and Induction Wads. Despite the Revenue's appeal, the ITAT upheld the Commissioner of Income Tax (Appeals) decision to allow the deduction, emphasizing factual consistency and adherence to previous judicial decisions in determining eligibility for deductions under the Act. en-us Mon, 11 Oct 2021 00:00:00 +0530 Sat, 24 Sep 2022 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413464 The ITAT DELHI allowed the deduction under section 80IC of the Income Tax Act for the Assessment Year 2015-16 in favor of the assessee, engaged in the business of induction Heat Seal Cap liner material and Induction Wads. Despite the Revenue's appeal, the ITAT upheld the Commissioner of Income Tax (Appeals) decision to allow the deduction, emphasizing factual consistency and adherence to previous judicial decisions in determining eligibility for deductions under the Act. Case-Laws Income Tax Mon, 11 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413464