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2018 (4) TMI 190 - ITAT DELHIDisallowance of deduction u/s 80IC - Held that:- The assessment year under appeals, the A.O. relied upon the survey conducted in the premises of the assessee prior to assessment year under appeal, which may not be relevant for this year. Further, Inspector has visited the premises of the assessee-company in assessment year under appeals on 29th December, 2010 and A.O. on 26th November, 2011 and gave report against the assessee-company. But, according to the Learned Counsel for the Assessee, such reports were not confronted to the assessee-company and was not given right to challenge the same. Therefore, such report cannot be read in evidence against the assessee-company. The Ld. CIT(A) in the impugned order allowed the carry forward of the business losses which was also allowed by him in A.Y. 2010-2011. It would mean that assessee-company was doing manufacturing/ business activity. Therefore, all these matters clearly support the contention of Learned Counsel for the Assessee that the matter should be re-investigated by the A.O. - Decided in favour of assessee for statistical purposes
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