In the result, the appeal filed by the Revenue as well as the appeal filed by the assessee are dismissed
Bench: Shri R. K. Panda & Ms Astha Chandraassessment Year : 2015-16
section 35D of the Act, the assessee was eligible to claim one fifth of the project cost i.e. Rs.68,87,660/-. Non restriction of claim has resulted in excess allowance of deduction of Rs.2,75,50,640/- (3,44,38,300- 68