https://www.taxtmi.com/caselaws?id=246046 The High Court emphasized the burden of proof on the appellant to substantiate proper expense allocation for claiming deduction under Section 80IB of the Income Tax Act. The Court directed the appellant to provide necessary evidence to clarify the allocation of expenses for eligible units, highlighting the importance of transparency in expense allocation for accurate deduction calculation. The Court set aside the Tribunal's decision and instructed the appellant to furnish relevant documentation to the Assessing Officer for a proper determination of the deduction under Section 80IB. en-us Wed, 02 Apr 2014 00:00:00 +0530 Tue, 15 Apr 2014 10:12:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246046 The High Court emphasized the burden of proof on the appellant to substantiate proper expense allocation for claiming deduction under Section 80IB of the Income Tax Act. The Court directed the appellant to provide necessary evidence to clarify the allocation of expenses for eligible units, highlighting the importance of transparency in expense allocation for accurate deduction calculation. The Court set aside the Tribunal's decision and instructed the appellant to furnish relevant documentation to the Assessing Officer for a proper determination of the deduction under Section 80IB. Case-Laws Income Tax Wed, 02 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246046