IMSI (INDIA) PVT. LTD.,DEHRADUN vs. JCIT, DEHRADUN
In the result, all the three appeals filed by the assessee in ITA
ITA 53/DEL/2017[2011-12]Status: DisposedITAT Dehradun26 Aug 2021AY 2011-12
Bench: Shri N.K. Billaiya & Ms. Suchitra Kamble
For Appellant: Shri Ashwani Kumar, AdvFor Respondent: Shri N.C. Upadhyay, CIT-DR
Section 234BSection 80Section 80I
33B, in the circumstances and within the period specified in that section;
(ii) it is not formed by the transfer to a new business of machinery or plant previously used for any purpose.
Explanation.--The provisions of Explanations 1 and 2 to sub- section (3) of section 80-IA shall apply for the purposes of
clause (ii) of this
