Mere intention to begin manufacture or production in backward area not sufficient to claim deduction U/s. 80HH

IN THE ITAT CHENNAI BENCH ‘D’ Deputy Commissioner of Income-tax  versus Arkema Peroxides India (P.). Ltd. IT Appeal Nos. 2029 to 2031 (Mad.) of 2002 and 1427 to 1429 (Mds.) of 2011 [Assessment years 1992-93 to 1994-95] Date of pronouncement – July 19, 2012 ORDER Abraham P. George, Accountant Member These are appeals of the Revenue and assessee respectively for the impugned assessment year. While appeals of the Revenue are directed against orders dated 17.9.2002 of Commissioner of Income Tax (Appeals)-III, Chennai, for the impugned assessment year, appeals o...