https://www.taxtmi.com/caselaws?id=205701 The High Court upheld the Tribunal's decision on the admissibility of additional evidence and the validity of the District Valuation Officer's revised report. The Court ruled in favor of the assessee regarding the calculation of investment in 'Humidification Plant' and 'Trenches'. However, issues concerning deductions under Section 80-HHC and the inclusion of DEPB amounts in business profit were remanded to the Tribunal for fresh consideration, as the High Court found discrepancies in the reliance on the ITAT Special Bench's decision. en-us Mon, 31 Jan 2011 00:00:00 +0530 Sun, 18 Sep 2011 19:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205701 The High Court upheld the Tribunal's decision on the admissibility of additional evidence and the validity of the District Valuation Officer's revised report. The Court ruled in favor of the assessee regarding the calculation of investment in 'Humidification Plant' and 'Trenches'. However, issues concerning deductions under Section 80-HHC and the inclusion of DEPB amounts in business profit were remanded to the Tribunal for fresh consideration, as the High Court found discrepancies in the reliance on the ITAT Special Bench's decision. Case-Laws Income Tax Mon, 31 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205701