https://www.taxtmi.com/caselaws?id=207334 The Tribunal partially allowed the appeal, setting aside the issue of Scrap Sales for fresh consideration by the Assessing Officer under section 80IB(4). However, the claim for deduction for interest income on bank Fixed Deposits was rejected, following the Supreme Court's decision that such income did not qualify for deduction under section 80IB. The Tribunal's decision was pronounced on 24th August 2011. en-us Wed, 24 Aug 2011 00:00:00 +0530 Thu, 08 Dec 2011 23:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207334 The Tribunal partially allowed the appeal, setting aside the issue of Scrap Sales for fresh consideration by the Assessing Officer under section 80IB(4). However, the claim for deduction for interest income on bank Fixed Deposits was rejected, following the Supreme Court's decision that such income did not qualify for deduction under section 80IB. The Tribunal's decision was pronounced on 24th August 2011. Case-Laws Income Tax Wed, 24 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207334