https://www.taxtmi.com/caselaws?id=250290 The Tribunal allowed the assessee's appeal, directing the Assessing Officer to accept the book results without estimating income on advances and to allow the set-off of interest income against business expenditure, accepting the returned loss. The issue of deduction under section 80IB(10) was considered academic due to the Tribunal's findings on income estimation. en-us Thu, 31 Jul 2014 00:00:00 +0530 Fri, 08 Aug 2014 06:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250290 The Tribunal allowed the assessee's appeal, directing the Assessing Officer to accept the book results without estimating income on advances and to allow the set-off of interest income against business expenditure, accepting the returned loss. The issue of deduction under section 80IB(10) was considered academic due to the Tribunal's findings on income estimation. Case-Laws Income Tax Thu, 31 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250290