https://www.taxtmi.com/caselaws?id=426544 The Tribunal upheld the CIT(A)'s decision allowing the 80IA deduction for the assessee, emphasizing the need to treat each windmill undertaking independently. The claim of Rs. 1.068 crore was deemed valid as the gross total income remained positive after adjustments. The reassessment based on audit objections was deemed unnecessary as the Tribunal affirmed the CIT(A)'s order. Both the Revenue's appeal and the assessee's cross-objection were dismissed on 25/07/2022. en-us Mon, 25 Jul 2022 00:00:00 +0530 Thu, 18 Aug 2022 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426544 The Tribunal upheld the CIT(A)'s decision allowing the 80IA deduction for the assessee, emphasizing the need to treat each windmill undertaking independently. The claim of Rs. 1.068 crore was deemed valid as the gross total income remained positive after adjustments. The reassessment based on audit objections was deemed unnecessary as the Tribunal affirmed the CIT(A)'s order. Both the Revenue's appeal and the assessee's cross-objection were dismissed on 25/07/2022. Case-Laws Income Tax Mon, 25 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426544