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2003 (4) TMI 8 - RAJASTHAN HIGH COURT"Whether Tribunal was justified in holding that deduction u/s 80-I, was allowable to the assessee-company even though the industrial undertaking was not run by the assessee itself?" – Held that If assessee-company does not carry on the manufacturing activities himself and leases out the factory to a third party and the third party carried on the manufacturing activity, the assessee is not entitled for deduction u/s 80-I - "Whether, the Tribunal was justified in deleting addition made u/s 43B?" - in the case of Allied Motors P. Ltd. v. CIT it has been held that in case the payment is made though beyond the accounting year but within the period permissible under the Sales Tax Act, no addition should be made invoking the provisions of section 43B – Thus, additions were rightly deleted by tribunal
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