SSI situated in ‘industrially backward State’ eligible for deduction u/s. 80-IB, even if it manufactures items specified in 11th Schedule

ITAT CHENNAI BENCH ‘C’ Deputy Commissioner of Income-tax versus Eye Photonics India (P.) Ltd. IT Appeal NO. 1473 (Mds.) of 2012 [ASSESSMENT YEAR 2009-10] JANUARY  30, 2013 ORDER Challa Nagendra Prasad, Judicial Member This is an appeal by the Revenue against the order of Commissioner of Income Tax (Appeals)-XII, Chennai dated 26.4.2012 in ITA No.310/2011-12 for the Asst. Year 2009-10. 2. The first issue in the grounds of appeal of the Revenue is that the Commissioner of Income Tax (Appeals) erred in holding that the assessee is entitled for deduction under sec.80...