https://www.taxtmi.com/caselaws?id=151500 The Revenue's appeal against the deletion of an addition towards administrative expenses for a specific project under section 80-IB of the Income-tax Act, 1961 was dismissed by the Tribunal. The Tribunal upheld the deletion of the addition by the Commissioner of Income-tax (Appeals), stating that the Assessing Officer's approach of averaging administrative expenses was flawed. It was found that the addition of administrative expenses was based on assumptions and presumptions, and the assessee provided valid data and appropriate documentation to support the deletion. en-us Fri, 08 Jan 2010 00:00:00 +0530 Thu, 06 Jun 2013 16:35:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151500 The Revenue's appeal against the deletion of an addition towards administrative expenses for a specific project under section 80-IB of the Income-tax Act, 1961 was dismissed by the Tribunal. The Tribunal upheld the deletion of the addition by the Commissioner of Income-tax (Appeals), stating that the Assessing Officer's approach of averaging administrative expenses was flawed. It was found that the addition of administrative expenses was based on assumptions and presumptions, and the assessee provided valid data and appropriate documentation to support the deletion. Case-Laws Income Tax Fri, 08 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151500