https://www.taxtmi.com/caselaws?id=757166 ITAT Delhi allowed the assessee's claim for deduction under section 80IC for manufacturing unit at Paonta Sahib, Himachal Pradesh across assessment years 2010-11 to 2013-14. The AO had denied deduction from 2010-11 onwards, expressing doubts about machinery capacity and electricity consumption supporting claimed production quantum. However, the Tribunal had previously verified and concluded in assessment year 2014-15 that the assessee was entitled to section 80IC deduction. Since all assessment years were factually identical, the Tribunal applied the same reasoning and decided in favor of the assessee for all disputed years. en-us Tue, 30 Jul 2024 00:00:00 +0530 Fri, 16 Aug 2024 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757166 ITAT Delhi allowed the assessee's claim for deduction under section 80IC for manufacturing unit at Paonta Sahib, Himachal Pradesh across assessment years 2010-11 to 2013-14. The AO had denied deduction from 2010-11 onwards, expressing doubts about machinery capacity and electricity consumption supporting claimed production quantum. However, the Tribunal had previously verified and concluded in assessment year 2014-15 that the assessee was entitled to section 80IC deduction. Since all assessment years were factually identical, the Tribunal applied the same reasoning and decided in favor of the assessee for all disputed years. Case-Laws Income Tax Tue, 30 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757166