Allowing the petition the Court held that there was no material on record to indicate that the assessee had actually received any interest on capital and remuneration from the firm. The record further indicated that for the assessment year 2010-11, deduction under section 80-IB(10) was claimed without paying any interest on capital and remuneration to partners and such claim was not disturbed by the Assessing Officer. In this view of the matter, the conclusion arrived at by the Assessing Officer that the assessee had claimed deduction without providing interest on capital and remuneration to partners as per clauses 6 and 7 of the deed, and hence income had escaped assessment on account of failure on the part of the assessee in filing of the return of income disclosing fully and truly all material facts, were contrary to law and without jurisdiction. (AY. 2011-12 to 2013-14)