https://www.taxtmi.com/caselaws?id=65485 An addition for alleged unrecorded silver sales was deleted because the same test report and reasoning had already been rejected in the assessee's own earlier year, with no new material to justify a different view; the principle of consistency was applied and the deletion was upheld. Excise duty refund relating to the Agartala unit was also treated as part of business profits for deduction under section 80-IB, because the duty was paid and refunded under the same statutory clearance mechanism and the accounting entries were neutral. The refund was therefore regarded as arising directly from the industrial undertaking, and the deduction was allowed without reducing that amount. en-us Tue, 31 Jan 2006 00:00:00 +0530 Wed, 16 Feb 2011 11:03:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65485 An addition for alleged unrecorded silver sales was deleted because the same test report and reasoning had already been rejected in the assessee's own earlier year, with no new material to justify a different view; the principle of consistency was applied and the deletion was upheld. Excise duty refund relating to the Agartala unit was also treated as part of business profits for deduction under section 80-IB, because the duty was paid and refunded under the same statutory clearance mechanism and the accounting entries were neutral. The refund was therefore regarded as arising directly from the industrial undertaking, and the deduction was allowed without reducing that amount. Case-Laws Income Tax Tue, 31 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65485