https://www.taxtmi.com/caselaws?id=210106 The Tribunal allowed the assessee's appeal regarding the deduction under sections 80-IA/80-IB, directing the Assessing Officer to allow the deduction claimed. The issue of disallowance of mobile, telephone, and car expenses was remanded back to the Assessing Officer for further verification. The addition on account of the closing balance of MODVAT was dismissed, and the grounds related to the charging of interest were directed to be recomputed. The appeals were partly allowed for statistical purposes. en-us Tue, 31 May 2011 00:00:00 +0530 Thu, 29 Nov 2012 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210106 The Tribunal allowed the assessee's appeal regarding the deduction under sections 80-IA/80-IB, directing the Assessing Officer to allow the deduction claimed. The issue of disallowance of mobile, telephone, and car expenses was remanded back to the Assessing Officer for further verification. The addition on account of the closing balance of MODVAT was dismissed, and the grounds related to the charging of interest were directed to be recomputed. The appeals were partly allowed for statistical purposes. Case-Laws Income Tax Tue, 31 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210106