2020 (10) TMI 886

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..... les, which claim was not considered by taking into account the entire evidence recorded by the AO? - HELD THAT:- The aforesaid substantial questions of law which are involved in this appeal have already been answered in favour of the revenue by a Bench of this Court M/S. DEEPAK CABLES (INDIA) LTD. [ 2014 (6) TMI 1045 - KARNATAKA HIGH COURT] - Decided against assessee. - I.T.A. NO.146 OF 2010 - .....

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..... 001-02) that the Tumkur unit manufacturing electrical cables had commenced 20 years earlier and it was not a new unit as per section 80IA of the Act, which was confirmed by Mr. Subramanyam, Mr. Venkateshwara Rao in the statement recorded u/s. 131 of the Act and the withdrawal of claim u/s80IA of the Act by the assessee and consequently recorded a perverse finding? 2. Whether the assessee is e .....

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