INCOME TAX ACT, 1961

Section 80-IA(4)

Deduction under section 80-IA - Allowability - AO disallowed deduction in subsequent year without disturbing assessee's claim for initial assessment year -

Assessee claimed deduction under section 80-IA. AO disallowed deduction on certain ground. Assessee contended that since claim of deduction in the initial year was allowed by AO, therefore, same could not be denied in the subsequent assessment years. Held: In assessee's case without disturbing claim of initial assessment year, a similar claim could not be denied in the subsequent assessment years.

REFERRED :

FAVOUR : In assessee's favour.

A.Y. :

INCOME TAX ACT, 1961

Section 14A

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