2018 (4) TMI 1612 - HC - Income Tax

Entitlement to deduction u/s 80-IC - whether an undertaking or an enterprise (Unit) established after 7th January, 2003, carrying out substantial expansion within the specified window period, i.e. between 7.1.2003 and 1.4.2012, would be entitled to deduction on profits @ 100%, under Section 80-IC? - Held that - Issues involved in the present appeal already stand adjudicated by this Court in M/s Stovekraft India V. Commissioner of Income Tax 2017 (12) TMI 69 - HIMACHAL PRADESH HIGH COURT As such, making the directions in M/s Stovekraft India (supra) applicable mutatis mutandi, also to the present appeal, the same is disposed of.

Summary

The High Court of Himachal Pradesh disposed of the present appeal by making directions from a previous case, M/s Stovekraft India v. Commissioner of Income Tax, applicable. The pending application(s) were also disposed of accordingly.