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2015 (5) TMI 79 - DELHI HIGH COURTDeduction under Section 80-IA - ITAT allowed claim - Whether ITAT was right in holding that the second unit of the respondent-assessee located at A-10, Sector 59, Noida was not formed by splitting up, or reconstruction, of a business already in existence? - Held that:- The order of the CIT(A) in the present case took note of the fact that the AO denied altogether the benefit of Section 80-IA on the terms that there was no manufacturing activity at all in Unit-II. The AO apparently completely ignored the fact that Section 80-IA benefit was enjoyed by the assessee for 1998-99 and 1999-2000. In this view, the CIT(A) - we think - quite correctly too - directed the AO to compute the portion of the benefits arising out of the manufacturing activities carried out in Unit-II and execute the component of job work in the process and the income attributable to the job work performed by Unit-I. The assessee was not aggrieved by this. - Decided in favour of the assessee
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