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Section 80I14 Section 2502 Section 143(3)2 Section 143(2)2 Deduction2

RAKESH KUMAR,PATNA vs. DCIT, CIRCLE-4, PATNA

In the result, both the appeals of the assessee for AYs 2012-13

ITA 85/PAT/2017[2012-13]Status: DisposedITAT Patna23 Jul 2024AY 2012-13

Bench: Shri Sanjay Garg & Dr. Manish Boradi.T.A. Nos.85 & 86/Pat/2017 Assessment Years: 2012-13 & 2013-14

Section 143(2)Section 143(3)Section 250Section 80I

disallowed the claim of deduction u/s 80IC primarily on the ground that no manufacturing/ production activities were carried out and hence no new products were produced. The appellant claimed manufacturing of X-ray and ultra sonography machines which are highly sophisticated electronic devices which cannot be manufactured/produced without highly advanced technology, machine tools and extremely competent manpower. An ultra Sonography

RAKESH KUMAR,PATNA vs. DCIT, CIRCLE-4, PATNA

In the result, both the appeals of the assessee for AYs 2012-13