https://www.taxtmi.com/caselaws?id=70309 The Tribunal dismissed the claims regarding the violation of principles of equity and natural justice, affirming that the assessee was given adequate opportunities for a fair hearing. It also upheld the disallowance of deductions under section 80-IB, ruling that the assessee's activities did not constitute manufacturing. The Tribunal did not provide detailed outcomes for the issues concerning the disallowance of differential duty payment, taxability of interest income, and levy of interest under sections 234B and 234C, leaving these matters unresolved in the provided text. en-us Thu, 25 Jan 2007 00:00:00 +0530 Wed, 07 Feb 2024 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70309 The Tribunal dismissed the claims regarding the violation of principles of equity and natural justice, affirming that the assessee was given adequate opportunities for a fair hearing. It also upheld the disallowance of deductions under section 80-IB, ruling that the assessee's activities did not constitute manufacturing. The Tribunal did not provide detailed outcomes for the issues concerning the disallowance of differential duty payment, taxability of interest income, and levy of interest under sections 234B and 234C, leaving these matters unresolved in the provided text. Case-Laws Income Tax Thu, 25 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70309