https://www.taxtmi.com/caselaws?id=242066 The appeal by the assessee was partly allowed, with the Tribunal directing the deletion of disallowances related to employees' contribution to provident fund, bad debts, and interest expenses. However, the disallowances concerning the claim under Section 80IB for bank interest on fixed deposits and unaccounted production were upheld. The Tribunal also confirmed the deletion of commitment charges as income derived from business under Section 80IB. The order was pronounced on 18.12.2013, with further verification and reconsideration directed on specific issues. en-us Wed, 18 Dec 2013 00:00:00 +0530 Tue, 07 Jan 2014 09:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242066 The appeal by the assessee was partly allowed, with the Tribunal directing the deletion of disallowances related to employees' contribution to provident fund, bad debts, and interest expenses. However, the disallowances concerning the claim under Section 80IB for bank interest on fixed deposits and unaccounted production were upheld. The Tribunal also confirmed the deletion of commitment charges as income derived from business under Section 80IB. The order was pronounced on 18.12.2013, with further verification and reconsideration directed on specific issues. Case-Laws Income Tax Wed, 18 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242066