https://www.taxtmi.com/caselaws?id=313297 The ITAT Bangalore dismissed the revenue's appeal regarding deduction under section 80IA(4)(iii). The assessee failed to submit the mandatory CBDT notification required under Rule 18(C)(4) of I.T. Rules. However, the Tribunal followed its earlier decision in the assessee's case for AY 2007-08, holding that deduction under section 80IA(4)(iii) is not dependent on the date of CBDT notification. The Tribunal relied on Creative Infocity Ltd. precedent and consistently applied this principle across multiple assessment years 2009-10 to 2011-12, finding no merit in the revenue's appeal. en-us Fri, 06 Jul 2018 00:00:00 +0530 Sat, 06 Apr 2024 05:28:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313297 The ITAT Bangalore dismissed the revenue's appeal regarding deduction under section 80IA(4)(iii). The assessee failed to submit the mandatory CBDT notification required under Rule 18(C)(4) of I.T. Rules. However, the Tribunal followed its earlier decision in the assessee's case for AY 2007-08, holding that deduction under section 80IA(4)(iii) is not dependent on the date of CBDT notification. The Tribunal relied on Creative Infocity Ltd. precedent and consistently applied this principle across multiple assessment years 2009-10 to 2011-12, finding no merit in the revenue's appeal. Case-Laws Income Tax Fri, 06 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313297