https://www.taxtmi.com/caselaws?id=119603 The Tribunal partially allowed the appeals, directing the AO to permit deductions under section 80-IA for XE and CM series cooling towers, including profits from bought-out components and net receipts from installation, forwarding, and service charges. However, the denial of deductions for round bottle cooling towers and the chargeability of interest under sections 234B and 234C were upheld. en-us Mon, 26 Feb 2007 00:00:00 +0530 Thu, 14 Apr 2016 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119603 The Tribunal partially allowed the appeals, directing the AO to permit deductions under section 80-IA for XE and CM series cooling towers, including profits from bought-out components and net receipts from installation, forwarding, and service charges. However, the denial of deductions for round bottle cooling towers and the chargeability of interest under sections 234B and 234C were upheld. Case-Laws Income Tax Mon, 26 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119603