Deduction U/s. 80IB allowable on expenses disallowed by AO

ITAT PUNE BENCH ‘B’ Deputy Commissioner of Income-tax versus Magarpatta Township Development & Construction Co. IT Appeal No. 822 (PN) OF 2011 C.O. No. 4 (PN) OF 2012 [ASSESSMENT YEAR 2007-08] SEPTEMBER 18, 2012 ORDER Shailendra Kumar Yadav, Judicial Member The Revenue’s appeal and the cross objections of the assessee are arising from the same order of CIT(A). So they are being disposed of by this common order for the sake of convenience. The appeal of the Revenue has been filed on the following grounds: 1. The order of the learned Commissioner of Income-...