https://www.taxtmi.com/caselaws?id=213672 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee, dismissing the Department's appeal on various issues including disallowance under Section 40A(2)(b) and non-deduction of TDS on lease rent payments. The Tribunal remitted issues related to illegal transportation and illegal stock back to the Assessing Officer for reconsideration based on final survey outcomes. Additionally, the Tribunal directed the Assessing Officer to properly adjudicate the claim for deduction under Section 80-IB despite not being raised during assessment. en-us Fri, 25 May 2012 00:00:00 +0530 Tue, 29 May 2012 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213672 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee, dismissing the Department's appeal on various issues including disallowance under Section 40A(2)(b) and non-deduction of TDS on lease rent payments. The Tribunal remitted issues related to illegal transportation and illegal stock back to the Assessing Officer for reconsideration based on final survey outcomes. Additionally, the Tribunal directed the Assessing Officer to properly adjudicate the claim for deduction under Section 80-IB despite not being raised during assessment. Case-Laws Income Tax Fri, 25 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213672