https://www.taxtmi.com/caselaws?id=238991 The Tribunal upheld the CIT(A)'s decision to allow deductions under sections 80IB(4) and 35(1)(i), dismissing the Revenue's appeal on both grounds. The Tribunal found that the assessee qualified for the deductions as its unit was located in an industrially backward State and the research expenditure was related to its own business. The cross-objection by the assessee was dismissed as it became infructuous. en-us Mon, 28 Jan 2013 00:00:00 +0530 Wed, 23 Oct 2013 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238991 The Tribunal upheld the CIT(A)'s decision to allow deductions under sections 80IB(4) and 35(1)(i), dismissing the Revenue's appeal on both grounds. The Tribunal found that the assessee qualified for the deductions as its unit was located in an industrially backward State and the research expenditure was related to its own business. The cross-objection by the assessee was dismissed as it became infructuous. Case-Laws Income Tax Mon, 28 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238991