https://www.taxtmi.com/caselaws?id=70312 The Tribunal found that the Assessing Officer's decision to deny deduction under section 80-IB lacked adherence to principles of equity and natural justice. The AO's failure to allow cross-examination, assess casual laborers' employment, and consider evidence of power usage led to a violation of natural justice. The Tribunal set aside the Commissioner of Income Tax (Appeals)'s order and remanded the issue to the AO for a fresh assessment, emphasizing procedural fairness and thorough consideration of all aspects of the case. The Tribunal directed the assessee to cooperate with the AO in providing necessary information, including addressing the issue of interest under section 234B. en-us Fri, 08 Jun 2007 00:00:00 +0530 Fri, 15 Apr 2011 14:30:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70312 The Tribunal found that the Assessing Officer's decision to deny deduction under section 80-IB lacked adherence to principles of equity and natural justice. The AO's failure to allow cross-examination, assess casual laborers' employment, and consider evidence of power usage led to a violation of natural justice. The Tribunal set aside the Commissioner of Income Tax (Appeals)'s order and remanded the issue to the AO for a fresh assessment, emphasizing procedural fairness and thorough consideration of all aspects of the case. The Tribunal directed the assessee to cooperate with the AO in providing necessary information, including addressing the issue of interest under section 234B. Case-Laws Income Tax Fri, 08 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70312