80IB/80IC deduction Once allowed, can’t be denied later without withdrawing initial year relief

Jyothy Labs Limited Vs ACIT (ITAT Mumbai) Once allowed, can’t be denied later without withdrawing initial year relief – ITAT Mumbai on 80IB/80IC deduction Major issues & findings Deduction u/s 80IB/80IC Revenue disallowed deduction for Ujala Supreme on the ground that it is not “manufacturing.” ITAT followed its earlier orders & held that fabric whitener production constitutes manufacturing under Section 2(29BA). AO had allowed such deductions in initial years (starting AY 2009–10).  As per settled law [CIT vs. Paul Brothers (1995) 216 ITR 548 (Bom.),& Simple Food Produ...