2021 (11) TMI 263

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hri Satpal Gulati, CIT- DR ORDER PER N.K. BILLAIYA, ACCOUNTANT MEMBER, This appeal by the Revenue is preferred against the order of the Commissioner of Income Tax [Appeals] - 3, Gurgaon dated 29.03.2018 pertaining to Assessment Year 2011-12. 2. The grievances of the Revenue read as under: "1. Whether on the facts and in the circumstances of the case the Ld. CIT(A) was correct ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....on of Rs. 10,13,30,971/- made by the AO on account of disallowance of deduction u/s 80IC of the I.T. Act ignoring the fact that the value of plant and machinery of the unit did not commensurate with the production shown from this unit." 3. A perusal of the grievance of the Revenue mentioned hereinabove shows that the deduction has been allowed in earlier A.Ys and the ld. CIT(A) has followed the....