https://www.taxtmi.com/caselaws?id=424607 The Tribunal dismissed the Revenue Department's appeal and allowed the Assessee's appeal regarding the disallowance of deductions under section 80IB(10) for assessment years 2005-06 and 2006-07. The Tribunal found that the Assessing Officer correctly verified completion certificates during the remand proceedings, leading to the allowance of the deduction based on this verification. The decision was supported by previous cases emphasizing the importance of verifying completion certificates on a test-check basis, ultimately resulting in the dismissal of the Revenue's appeal due to lack of merit in their contentions. en-us Mon, 27 Jun 2022 00:00:00 +0530 Tue, 05 Jul 2022 08:16:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424607 The Tribunal dismissed the Revenue Department's appeal and allowed the Assessee's appeal regarding the disallowance of deductions under section 80IB(10) for assessment years 2005-06 and 2006-07. The Tribunal found that the Assessing Officer correctly verified completion certificates during the remand proceedings, leading to the allowance of the deduction based on this verification. The decision was supported by previous cases emphasizing the importance of verifying completion certificates on a test-check basis, ultimately resulting in the dismissal of the Revenue's appeal due to lack of merit in their contentions. Case-Laws Income Tax Mon, 27 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424607