2013 (6) TMI 715 - HC - Income Tax

Summary

The High Court of Andhra Pradesh dismissed the appeal related to deduction under Sec. 80IC of the Income Tax Act for the assessment year 2008-2009. The Appellate Tribunal's decision to allow the deduction even though the return of income was filed late was upheld. The Tribunal's reasoning for allowing the deduction was considered valid, and the appeal was dismissed with no costs.