https://www.taxtmi.com/caselaws?id=304616 The Court upheld the Tribunal's decision in favor of the assessee for all issues raised, dismissing the appeal from the Revenue. This included allowing the deduction for bonus claimable and paid in different assessment years under Section 43B of the Income Tax Act, the claim for acquisition of revenue items under Section 37 of the Act, the classification of DG Power Generation Units as an "undertaking" under Sec. 80 IA, and the entitlement of DG Power Generation units to the benefit of Sec. 80 1A of the Income tax Act. en-us Thu, 29 Jul 2021 00:00:00 +0530 Mon, 10 Oct 2022 20:58:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304616 The Court upheld the Tribunal's decision in favor of the assessee for all issues raised, dismissing the appeal from the Revenue. This included allowing the deduction for bonus claimable and paid in different assessment years under Section 43B of the Income Tax Act, the claim for acquisition of revenue items under Section 37 of the Act, the classification of DG Power Generation Units as an "undertaking" under Sec. 80 IA, and the entitlement of DG Power Generation units to the benefit of Sec. 80 1A of the Income tax Act. Case-Laws Income Tax Thu, 29 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304616