https://www.taxtmi.com/caselaws?id=71907 The Tribunal upheld the Commissioner of Income Tax (Appeals)' decision, allowing the deduction under Section 80-IB(11) for the assessees. The Tribunal agreed that the definition of "cold chain facility" includes either storage or transportation under scientifically controlled conditions. The Tribunal emphasized that the legislative intent was to encourage the preservation of agricultural produce through both storage and transportation facilities. The Tribunal dismissed the appeals filed by the Department and the cross-objections filed by the assessee, affirming the CIT(A)'s interpretation and application of Section 80-IB(11). en-us Fri, 25 Apr 2008 00:00:00 +0530 Fri, 09 Sep 2016 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71907 The Tribunal upheld the Commissioner of Income Tax (Appeals)' decision, allowing the deduction under Section 80-IB(11) for the assessees. The Tribunal agreed that the definition of "cold chain facility" includes either storage or transportation under scientifically controlled conditions. The Tribunal emphasized that the legislative intent was to encourage the preservation of agricultural produce through both storage and transportation facilities. The Tribunal dismissed the appeals filed by the Department and the cross-objections filed by the assessee, affirming the CIT(A)'s interpretation and application of Section 80-IB(11). Case-Laws Income Tax Fri, 25 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71907