https://www.taxtmi.com/caselaws?id=68648 The Tribunal upheld the CIT(A)'s decision, allowing the deduction claimed under sections 80-IA/80-IB for the assessee's integrated mining, processing, and grinding activities. The Tribunal differentiated the case from previous Supreme Court rulings and supported the deduction based on production activities. Additionally, the Tribunal upheld the CIT(A)'s decision to increase the valuation of obsolete stores to 10% under 'Plant and machinery repairs', dismissing both the Revenue's appeal and the assessee's cross-objection. en-us Thu, 23 Nov 2006 00:00:00 +0530 Thu, 26 Jul 2012 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68648 The Tribunal upheld the CIT(A)'s decision, allowing the deduction claimed under sections 80-IA/80-IB for the assessee's integrated mining, processing, and grinding activities. The Tribunal differentiated the case from previous Supreme Court rulings and supported the deduction based on production activities. Additionally, the Tribunal upheld the CIT(A)'s decision to increase the valuation of obsolete stores to 10% under 'Plant and machinery repairs', dismissing both the Revenue's appeal and the assessee's cross-objection. Case-Laws Income Tax Thu, 23 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68648