https://www.taxtmi.com/caselaws?id=239547 The Tribunal upheld the CIT(A)'s decision, granting the assessee deductions under section 80IB for the relevant assessment years. The Tribunal found that the assessee had commenced manufacturing activities before 31.03.2004, and the evidence presented by the AO was inadmissible. Additionally, the Tribunal confirmed that exchange rate differences and sundry balances written back are eligible for deduction, while DEPB incentives and certain interest incomes are not. en-us Fri, 08 Nov 2013 00:00:00 +0530 Sat, 16 Nov 2013 08:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239547 The Tribunal upheld the CIT(A)'s decision, granting the assessee deductions under section 80IB for the relevant assessment years. The Tribunal found that the assessee had commenced manufacturing activities before 31.03.2004, and the evidence presented by the AO was inadmissible. Additionally, the Tribunal confirmed that exchange rate differences and sundry balances written back are eligible for deduction, while DEPB incentives and certain interest incomes are not. Case-Laws Income Tax Fri, 08 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239547