https://www.taxtmi.com/caselaws?id=218080 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decisions on all grounds. The judgments recognized the legitimacy of the assessee's claims and the procedural correctness of the CIT(A)'s rulings. The Tribunal emphasized the continuous nature of R&D, the acceptable variance in stock valuation for different reporting purposes, and adherence to higher court rulings on EPF and ESI dues. en-us Thu, 24 May 2012 00:00:00 +0530 Sat, 03 Nov 2012 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218080 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decisions on all grounds. The judgments recognized the legitimacy of the assessee's claims and the procedural correctness of the CIT(A)'s rulings. The Tribunal emphasized the continuous nature of R&D, the acceptable variance in stock valuation for different reporting purposes, and adherence to higher court rulings on EPF and ESI dues. Case-Laws Income Tax Thu, 24 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218080