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2018 (1) TMI 1471 - ITAT CHANDIGARHDeduction u/s 80IC - substantial expansion during the assessment year - claim of deduction @ 100% - HELD THAT:- A perusal of the order of the AO reveals that he has not disputed that the assessee unit has carried out substantial expansion as provided under clause (b) of sub section (2) read with clause (ix) of sub section (7) of section 80IC. Almost similar view has also been taken by in the case of ‘M/s Stovekraft India vs. Commissioner of Income Tax’ [2017 (12) TMI 69 - HIMACHAL PRADESH HIGH COURT]. We, therefore, do not find any justification at this stage to give the AO a second innings to re-examine undisputed facts. The impugned order of the CIT(A) is set aside and the AO is directed to grant to the assessee deduction at the rate of hundred percent of its eligible profits - Decided in favour of assessee.
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