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2008 (4) TMI 219 - HC - Income TaxClaim for deduction u/s 80-I denied as assessee not fulfilled conditions of Sec. 80-I regarding no. of workers employed etc. – ITAT uphold the finding of CIT of reversing the order of AO, holding that number of persons employed were more than 20 & in the earlier assessment year, on the same facts, the case was decided in favour of assessee - Revenue couldn’t controvert the above finding – revenue appeal dismissed – held that expenses incurred on Glow Sign Boards were of revenue nature
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