Court Overturns Disallowance of Section 80IC Deduction; Appeals Commissioner Finds No Basis for Inconsistent Tax Ruling.

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....Deduction u/s 80IC - proof of manufacturing activities provided or not? - whether certain incriminating documents were seized during the course of search operation as mentioned in the so-called satisfaction note? -AO have no basis to disallow the claim u/s 80IC is borne out from the fact that contradictory stand have been made by the different Assessing Officer for part disallowance of deduction u/s 80IC before the search and even after the search, different formulas have been adopted for making ad-hoc disallowance of deduction us 80IC on surmises and conjectures and which has rightly been deleted by the CIT(A) - AT....