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2017 (5) TMI 1307 - AT - Income TaxDenial of deduction u/s 80IC on the income on account of AMC - Held that:- Such AMC charges are directly relatable to the business carried on by the assessee of manufacturing, commissioning and erection of electronic systems, machines and equipments as per customers’ varying specifications and, therefore, such AMC charges are directly relatable to the business carried on by the assessee. See ACIT Vs. Spray Engineering Devices Ltd. [2012 (7) TMI 587 - ITAT CHANDIGARH]
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