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2015 (12) TMI 24 - ITAT MUMBAIEligibility for deduction under section 80IB for Unit-II - CIT(A) allowed claim - Held that:- As could be seen from the impugned order of the learned Commissioner (Appeals), the Tribunal, while deciding assessee's appeal for the assessment year 2003-04, allowed assessee's claim of deduction under section 80IB, by holding that Unit-II, is a separate industrial undertaking. This decision was again followed in assessee's own case for the assessment year 2004-05 Thus the Tribunal holding that Unit-II, is a separate industrial undertaking has allowed assessee's claim of deduction under section 80IB of the Act. The learned Commissioner (Appeals), having allowed assessee's claim of deduction following the aforesaid decision of the Tribunal, there is no reason to interfere with the same which is hereby upheld. - Decided in favour of assessee
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