2018 (11) TMI 1062 - SCH - Income Tax

Deduction u/s 80IB - mere fact that nut blanks were purchased from Unit I cannot be a reason to deny deduction under Section 80IB vis-a-vis Unit II - both Units were formed by splitting and reconstruction of existing undertakings - Computation made by the AO in respect of deduction claimed by the Assessee under Section 80IA - Held that - Special Leave Petitions are dismissed.