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2012 (11) TMI 498 - AT - Income TaxDeduction u/s 80IB(8A) - AO argued that assessee sold services that was output of its research to the pharmaceutical companies – without prior permission of the prescribed authority - Violation of Rule 18DA(2)(a) – Held that:- As per Rule 18DA, if at any stage it is found that any provisions of the Act or the rules have been violated, the prescribed authority specified may withdraw the approval so granted. The authority has not withdrawn the approval of the assessee for the assessment year under consideration but has further granted the extension of the approval for a further period of three years. AO himself in the subsequent year i.e. 2009-10 in the order passed u/s 143(3) has discussed at length Sec. 80IB(8A) & Rule 18DA(1) and has finally concluded that the assessee is entitled to deduction u/s 80IB(8A). Appeal decides in favour of assessee
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