https://www.taxtmi.com/caselaws?id=779234 ITAT (RAJKOT - AT) upheld the CIT(A)'s findings and allowed the taxpayer's claims. The tribunal deleted disallowances under s.80IC, finding Rudrapur unit's activities amounted to manufacture, value addition and proper allocation of expenses with separate books; prior years' rulings and arm's-length pricing supported this. Claims for s.80IA deduction (windmill) submitted during assessment were accepted. Penalties/claims relating to late PF and ESI payments were dismissed in line with Supreme Court authority. The ITAT directed that s.80IC deduction be computed unit-wise (eligible unit's profit only) and rejected the Revenue's appeals. en-us Wed, 27 Aug 2025 00:00:00 +0530 Wed, 24 Sep 2025 10:40:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779234 ITAT (RAJKOT - AT) upheld the CIT(A)'s findings and allowed the taxpayer's claims. The tribunal deleted disallowances under s.80IC, finding Rudrapur unit's activities amounted to manufacture, value addition and proper allocation of expenses with separate books; prior years' rulings and arm's-length pricing supported this. Claims for s.80IA deduction (windmill) submitted during assessment were accepted. Penalties/claims relating to late PF and ESI payments were dismissed in line with Supreme Court authority. The ITAT directed that s.80IC deduction be computed unit-wise (eligible unit's profit only) and rejected the Revenue's appeals. Case-Laws Income Tax Wed, 27 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779234