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2014 (7) TMI 872 - HC - Income TaxDeduction u/s 80I – Income from expansion of dispersion unit – Held that:- Unless the deduction is withdrawn or rejected in the initial assessment years, it cannot be withdrawn in the subsequent AYs – Following the decision in Commissioner Of Income-Tax Versus Paul Brothers [1992 (10) TMI 5 - BOMBAY High Court] - Tribunal merely applied the principle laid down in the decision and rightly concluded that the denial of deduction by the AO on the reason of legality cannot be sustained – thus, the Tribunal did not commit any error of law apparent on the face of the record – Decided against Revenue.
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