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2012 (7) TMI 796 - HC - Income TaxReassessment proceedings - disallowance of the deduction u/s 80IA(4) - Held that:- CIT(A) expressly stating that the action of the AO of not allowing the deduction for the A.Y. 2008-2009 was erroneous inter-alia in view of the judgment in Commissioner of Income Tax v. Paul Brothers [1992 (10) TMI 5 - BOMBAY HIGH COURT] that a deduction could not have been denied in subsequent years without first withdrawing it in the initial year - in favour of assessee.
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