Tax Deduction Denial u/s 80IB Overturned; Factory License Delay Not Grounds for Benefit Denial.

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....Deduction u/s 80IB - Delay in seeking Factory License - If there is any violation of any provisions of any other statutes then the assessee has to explain the same to the authorities implementing those Acts/Statutes and the same cannot be the basis of denial of benefit under Section 80IB - AT....