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2013 (5) TMI 175 - AT - Income TaxDeduction u/s 80IB - as per AO deduction u/s 80IB was allowable, if the assessee sells its own manufactured goods and not the ready goods purchased - CIT(A) allowed the claim - assessee engaged in textile business for printing work - case selected for scrutiny - Held that:- The deduction u/s 80IB is available for ten consecutive assessment years and the assessee claimed the deduction first time for the assessment year 2004-05, therefore, the benefit was available to the assessee for the year under consideration when nothing was brought on record to substantiate that there was change in the activities and nature of the work of the assessee for the year under consideration vis-a-vis the preceding year i.e. 2004-05. See Tahreem Electricals (P) Ltd Vs. ACIT (2007 (6) TMI 253 - ITAT LUCKNOW-B) - appeal of the department dismissed. In the present case also, the Assessing Officer allowed the claim of the assessee for deduction u/s 80IB of the Act for the assessment year 2004-05 and there is no change in the facts for the assessment year under consideration as well as in the activities of the assessee as compared to the said earlier year, therefore, the Assessing Officer was not justified in denying the claim of the assessee
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