https://www.taxtmi.com/caselaws?id=59626 The Tribunal upheld the CIT(A)'s decision, confirming that each undertaking within the assessee's factory qualified as a separate and independent unit eligible for deductions under sections 80-I and 80-IA of the Income-tax Act. Despite the Department's argument that the undertakings were not separate due to shared facilities and location, the Tribunal found that each unit operated independently, with distinct features and compliance with statutory conditions. Consequently, the Tribunal dismissed the Department's appeal, affirming the CIT(A)'s findings and reasoning. en-us Tue, 05 Feb 2008 00:00:00 +0530 Mon, 25 Dec 2023 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59626 The Tribunal upheld the CIT(A)'s decision, confirming that each undertaking within the assessee's factory qualified as a separate and independent unit eligible for deductions under sections 80-I and 80-IA of the Income-tax Act. Despite the Department's argument that the undertakings were not separate due to shared facilities and location, the Tribunal found that each unit operated independently, with distinct features and compliance with statutory conditions. Consequently, the Tribunal dismissed the Department's appeal, affirming the CIT(A)'s findings and reasoning. Case-Laws Income Tax Tue, 05 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59626