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2014 (1) TMI 189 - AT - Income TaxDeduction u/s 80IB - Held that:- There is no specific guideline with regard to the need to manufacture the same item which is mentioned in the provisional certificate so as to enable a company to claim the benefit of deduction under section 80IB of the Act - These factors were not properly examined by the tax authorities - There is no condition prescribed to continue production of the same product so long as the assessee begins manufacture and ultimately commences production before the stipulated period - The issue was restored for fresh adjudication.
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