2013 (1) TMI 910

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....d this appeal before the ITAT Nagpur Bench, Nagpur, against the order dated 29-11-2010 of leaned CIT(A)-II, Nagpur (Maharashtra) relating to the assessment year 2006-07, which has been heard through E-Court, Mumbai. 2. The department is objecting the action of the learned CIT(A) in allowing the deduction under Section 80IB(10). 3. The AO disallowed the deduction under Section 80IB(10) of ₹....

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.... deduction under Section 80IB on a proportionate basis. Therefore, the CIT(A) directed to allow the deduction under Section 80IB(10) on a proportionate basis after excluding those units, which are exceeded the prescribed limit of 1500 sq.ft. 4. Learned DR placed reliance on the order of the Assessing Officer here before the Tribunal. 5. On the other hand, learned AR of the assessee has placed re....