TMI Blog2017 (5) TMI 1579X X X X Extracts X X X X X X X X Extracts X X X X ..... essee is a firm engaged in manufacturing of Mono and Master Cartons. The assessee has already claimed deduction under section 80IC of the Act to the extent of 100% eligible profit for five years’ period from assessment year 2007-08 to 2011-12. The assessee had again claimed 100% deduction against eligible profits in the relevant assessment year 2012-13, which was 6th year of production by claiming ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... common stand of the parties before the Bench that the issue addressed in the present appeal is identical to what has been decided by the Co-ordinate Bench in ITA No. 798/CHD/2012 in the case of Hycron Electronics Vs ITO . 3. The relevant facts are that the assessee started his manufacturing activity/operation on 10.08.2004 and initial assessment year for claim of deduction u/s 80IC of the Ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se of Hycron Electronics (supra), dismissed the appeal of the assessee. In the aforementioned peculiar facts and circumstances, since the issue on facts and law as per submissions of the parties is identical and is covered by the decision of the Tribunal in the case of Hycron Electronics (supra), hence, respectfully following the precedent, the appeal of the assessee is hereby dismissed. 5. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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