ITAT Allows Section 80-IC Deduction as ITR filed with Form 10CCB

Supreme Treon Pvt. Ltd. Vs DCIT (ITAT Mumbai) Introduction: The case of Supreme Treon Pvt. Ltd. versus DCIT (ITAT Mumbai) revolves around the allowance of deduction under section 80-IC of the Income Tax Act. The appeal challenges the order passed by the Commissioner of Income Tax (Appeals) arising from an intimation issued under section 143(1) of the Act for the assessment year 2015-16. Detailed Analysis: The appellant, Supreme Treon Pvt. Ltd., contested the disallowance of a deduction claimed under section 80-IC amounting to Rs. 1,35,62,893 for its unit in Rudrapur, Uttarakhand. The dispute p...