Assessee Denied Deduction u/s 80IB for Missing DGIT (Exemption) Approval Post-Hotel Operations; Section 80IA Affected.

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....Eligibility for deduction u/s 80IB denied - If the assessee could not obtain the approval of the prescribed authority, viz. DGIT (Exemption) for any of the years after started functioning of the hotel, then the assessee may not be eligible for deduction u/s 80IA for those assessment years. - AT....