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2011 (10) TMI 31 - HC - Income TaxDeduction u/s 80IB - various units - ITAT has held on the basis of the material on record that the Unit No. III situate at Block No. L-4 and L-6 was an independent unit newly established, having production capacity three times more i.e. 150 tonnes than the existing units. Moreover, in this appeal, the assessee has also filed an affidavit stating on oath that the assessee has purchased various new machineries for the newly established unit No. III wherein production of cattle feed activity was carried out. The assessee has also given a list of the machineries purchased by it. Therefore, the decision of the ITAT that the unit No. III was not formed by splitting or reconstruction of the existing units cannot be faulted.
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