Assessee Denied Deduction u/s 80IB: SSI Benefit Not Met Due to Plant and Machinery Value Exceeding 3 Crore Limit.

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....SSI Benefit - value of plant and machinery - limit of 3 crore - Since the assessee did not comply with the conditions of the Proviso to clause (iii) of subsection 2 of section 80IB, it is not eligible for claiming deduction u/s 80B of the Act - AT....