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2016 (3) TMI 498 - AT - Income TaxDeduction u/s 80IC rejected - claim of the assessee rejected on the ground that the assessee has established the unit at Baddi by reconstruction of the existing unit - Held that:- The assessee has furnished the details of employees, electricity bills and water bills issued by The Himachal Pradesh State Industrial Development Corporation Ltd. The assessee has also furnished the letter issued by the Deputy Director of Industries, Baddi, Dist. Solan (H.P) allocating the undertaking of the assessee as Micro/small/Medium scale Enterprise for manufacturing of Additives We have earlier noticed that the assessee qualifies under the category of “Substantial Expansion” of the unit and hence we are of the view that the provisions of sec. 80IC(4) shall not come in the way of the assessee in claiming deduction u/s 80IC of the Act. - Decided in favour of assessee
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