Section 80IC Deductions: No government Approval Needed for SEZ Enterprises

Legacy Foods Pvt. Ltd. Vs DCIT & Anr. (Delhi High Court)

Conclusion: Enterprises claiming deductions under Section 80IC were not required to obtain government approval if they operate in notified special zones. Section 80IC did not mandate an agreement or approval from state or local authorities.

Held: Assessee-company had established a manufacturing unit in Himachal Pradesh within the prescribed period and sought deductions under Section 80IC. AO denied the claim, arguing that assessee did not comply with Rule 18BBB which mandated an au

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