https://www.taxtmi.com/caselaws?id=793276 ITAT Chennai followed its coordinate Bench decision in the assessee's own earlier years and upheld deduction under section 80IA(4) for the industrial park undertaking. The Tribunal noted that the statutory scheme, approval and notification of the undertaking, transfer of the undertaking, and treatment of related interest income had already been examined on the same facts, and the Revenue produced no fresh material to justify a different view. Applying the earlier ruling to identical circumstances, the Tribunal rejected the Revenue's challenge and sustained the CIT(A)'s allowance of the deduction. en-us Tue, 03 Mar 2026 00:00:00 +0530 Fri, 12 Jun 2026 08:44:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793276 ITAT Chennai followed its coordinate Bench decision in the assessee's own earlier years and upheld deduction under section 80IA(4) for the industrial park undertaking. The Tribunal noted that the statutory scheme, approval and notification of the undertaking, transfer of the undertaking, and treatment of related interest income had already been examined on the same facts, and the Revenue produced no fresh material to justify a different view. Applying the earlier ruling to identical circumstances, the Tribunal rejected the Revenue's challenge and sustained the CIT(A)'s allowance of the deduction. Case-Laws Income Tax Tue, 03 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793276