https://www.taxtmi.com/caselaws?id=117225 The Appellate Tribunal ITAT CHANDIGARH directed the Assessing Officer to reevaluate the deduction claim under section 80-I, allowing it based on market prices. Additionally, the Tribunal instructed a reevaluation of the closing stock valuation, considering realized prices and verification processes, to provide relief to the assessee. The Tribunal upheld the proportionate deduction claim for premium on debentures redemption, following precedent and relevant decisions. en-us Mon, 11 Nov 2002 00:00:00 +0530 Tue, 31 Jul 2012 23:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117225 The Appellate Tribunal ITAT CHANDIGARH directed the Assessing Officer to reevaluate the deduction claim under section 80-I, allowing it based on market prices. Additionally, the Tribunal instructed a reevaluation of the closing stock valuation, considering realized prices and verification processes, to provide relief to the assessee. The Tribunal upheld the proportionate deduction claim for premium on debentures redemption, following precedent and relevant decisions. Case-Laws Income Tax Mon, 11 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117225