https://www.taxtmi.com/caselaws?id=440479 The HC upheld the ITAT's decision, dismissing the Revenue's Appeals and confirming that the Assessee was entitled to the deduction under Section 80IA(4)(iii) of the Income Tax Act, 1961. The court found that the Assessee met the necessary conditions, and the Empowered Committee's approval was valid. The AO's disallowance was overturned, as the CIT(A) accepted additional evidence supporting the Assessee's claim. The Appeals were dismissed, with no substantial question of law identified. en-us Wed, 05 Jul 2023 00:00:00 +0530 Wed, 25 Oct 2023 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440479 The HC upheld the ITAT's decision, dismissing the Revenue's Appeals and confirming that the Assessee was entitled to the deduction under Section 80IA(4)(iii) of the Income Tax Act, 1961. The court found that the Assessee met the necessary conditions, and the Empowered Committee's approval was valid. The AO's disallowance was overturned, as the CIT(A) accepted additional evidence supporting the Assessee's claim. The Appeals were dismissed, with no substantial question of law identified. Case-Laws Income Tax Wed, 05 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440479