https://www.taxtmi.com/caselaws?id=31274 The court held that the respondent authority exceeded its jurisdiction by considering irrelevant factors in rejecting the petitioner's application for benefits under Section 80-IA (4) (iii) of the Income Tax Act. The court emphasized that the prescribed authority should only verify specific conditions outlined in Rule 18BBC. As the petitioner met all requirements and provided supporting certificates, the court ruled in favor of the petitioner, quashing the rejection order and directing the respondent to grant the benefits within six weeks. The petition was allowed with no costs awarded. en-us Mon, 30 Jun 2008 00:00:00 +0530 Tue, 14 Jun 2011 04:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31274 The court held that the respondent authority exceeded its jurisdiction by considering irrelevant factors in rejecting the petitioner's application for benefits under Section 80-IA (4) (iii) of the Income Tax Act. The court emphasized that the prescribed authority should only verify specific conditions outlined in Rule 18BBC. As the petitioner met all requirements and provided supporting certificates, the court ruled in favor of the petitioner, quashing the rejection order and directing the respondent to grant the benefits within six weeks. The petition was allowed with no costs awarded. Case-Laws Income Tax Mon, 30 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31274