https://www.taxtmi.com/caselaws?id=33340 The High Court upheld the Tribunal's decision that commercial production commenced in the assessment year 1996-1997 for the purposes of deduction under Section 80-IB(9) of the Income Tax Act, 1961. The court considered the consortium's production levels, work-over operations, and financial statements as evidence supporting the commencement of commercial production in the earlier assessment year. The court found no substantial question of law to warrant further consideration and dismissed the appeals accordingly. en-us Mon, 04 May 2009 00:00:00 +0530 Tue, 25 Aug 2009 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33340 The High Court upheld the Tribunal's decision that commercial production commenced in the assessment year 1996-1997 for the purposes of deduction under Section 80-IB(9) of the Income Tax Act, 1961. The court considered the consortium's production levels, work-over operations, and financial statements as evidence supporting the commencement of commercial production in the earlier assessment year. The court found no substantial question of law to warrant further consideration and dismissed the appeals accordingly. Case-Laws Income Tax Mon, 04 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33340