https://www.taxtmi.com/caselaws?id=214285 Inter-unit transfers between the assessee's combing and spinning units did not attract section 80-I(8) because the Tribunal found no material difference from market rate, apart from a negligible variation, and no basis to treat the transfers as below market price. Section 80-I(9) was also inapplicable because the transactions were between units of the same assessee, not dealings with an outsider. Those factual findings were not shown to be perverse, so the Assessing Officer's adjustments in computing the deduction were unjustified and the reference was answered in favour of the assessee. en-us Thu, 09 Sep 2010 00:00:00 +0530 Tue, 26 Jun 2012 08:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214285 Inter-unit transfers between the assessee's combing and spinning units did not attract section 80-I(8) because the Tribunal found no material difference from market rate, apart from a negligible variation, and no basis to treat the transfers as below market price. Section 80-I(9) was also inapplicable because the transactions were between units of the same assessee, not dealings with an outsider. Those factual findings were not shown to be perverse, so the Assessing Officer's adjustments in computing the deduction were unjustified and the reference was answered in favour of the assessee. Case-Laws Income Tax Thu, 09 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214285