https://www.taxtmi.com/caselaws?id=438456 The ITAT Chandigarh ruled in favor of the Assessee, allowing 100% deduction under section 80IC for the relevant year. The decision was based on the precedent set by the Pr. CIT Vs. M/s Aarham Softronics case, which clarified that substantial expansion entitles the Assessee to full deduction for ten years from the initial assessment year of expansion. The ITAT set aside the lower authorities' decision and upheld the Assessee's claim for 100% deduction, concluding in favor of the Assessee. en-us Thu, 04 May 2023 00:00:00 +0530 Wed, 31 May 2023 09:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438456 The ITAT Chandigarh ruled in favor of the Assessee, allowing 100% deduction under section 80IC for the relevant year. The decision was based on the precedent set by the Pr. CIT Vs. M/s Aarham Softronics case, which clarified that substantial expansion entitles the Assessee to full deduction for ten years from the initial assessment year of expansion. The ITAT set aside the lower authorities' decision and upheld the Assessee's claim for 100% deduction, concluding in favor of the Assessee. Case-Laws Income Tax Thu, 04 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438456