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2013 (12) TMI 899 - ITAT CHANDIGARHDeduction u/s 80IC - Held that:- Plant which was used outside India by a person other than the assessee shall not be regarded as plant and machinery previously used for any purpose - In the given case, the plant and machinery was never used within India, as per the documents submitted by the assessee and enquiries made by Ld. CIT(A) - Though the machinery was second hand but it was not used by the assessee outside India, therefore, it cannot be said that machinery was previously used for the purpose of computing deduction u/s 80IC(4) of the Act - Decided against Revenue.
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