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2016 (8) TMI 512 - HC - Income TaxEntitlement to deduction under Section 80IA - Held that:- Taking into account the above referred decision of this court in the case of Commissioner of Income-Tax v. Atul Intermediates (2014 (4) TMI 676 - GUJARAT HIGH COURT ) and the decision of the Hon'ble Supreme Court in the case of Assistant Commissioner of Income-Tax v. Micro Labs Ltd. (2015 (12) TMI 708 - SUPREME COURT ), we are of the view that the assessee is entitled to deduction under Section 80IA of the Income Tax Act. ITAT was right in law and on facts in confirming the order passed by the CIT (A) directing the Assessing Officer to allow the claim under Section 80IA without reducing deduction under Section 80HHC of the Income-tax Act - Decided in favour of assessee
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