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2015 (3) TMI 1264 - HC - Income TaxRevision u/s 263 - disallowance of deductions as per the provisions of Section 80IB - Held that:- The argument advanced by learned counsel for the appellant is that the Commissioner of Income Tax (Appeals) as well as the Income Tax Appellate Tribunal failed to appreciate that the assessee consumed a meagre electricity, but has given a huge production and therefore, that creates doubts about his claim about deductions as per Section 80IB of the Act of 1961. We do not find any merit in the argument advanced. The Commissioner of Income Tax (Appeals) as well as the Income Tax Appellate Tribunal has examined the entire issue in detail by taking into consideration all the relevant facts. Such finding of fact does not require interference in the appellate jurisdiction.
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