Conditions to avail deduction u/s 80IB should be fulfilled only in initial A.Y not in every 10 years of deduction

Brief of the case: Punjab & Haryana High Court held in CIT Vs M/s Sunder Forging that to claim the deduction u/s 80IB for consecutive 10 years all the relevant conditions should be required to be fulfilled only in the initial assessment year, it is not necessary to continue that conditions get fulfilled in all the 10 years of deduction. Moreover it held that even if in any of the 10 years of deduction u/s 80IB, the assessee failed to fulfill any of the condition required for deduction u/s 80IB then the assessee would not be denied the deduction u/s 80IB. It would continue to qualify for th...