https://www.taxtmi.com/caselaws?id=252043 The ITAT allowed the assessee's appeal for deduction under section 80JJAA, finding cutting and polishing of diamonds qualified as manufacturing. It upheld the deletion of disallowance under section 40(a)(ia) for payments under the JBA, as they were not subject to TDS. The ad-hoc disallowance of conveyance and traveling expenses was removed due to lack of evidence. However, the appeal on disallowance of computer expenses as capital expenditure was dismissed for lack of prosecution. en-us Fri, 26 Sep 2014 00:00:00 +0530 Thu, 09 Oct 2014 06:28:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252043 The ITAT allowed the assessee's appeal for deduction under section 80JJAA, finding cutting and polishing of diamonds qualified as manufacturing. It upheld the deletion of disallowance under section 40(a)(ia) for payments under the JBA, as they were not subject to TDS. The ad-hoc disallowance of conveyance and traveling expenses was removed due to lack of evidence. However, the appeal on disallowance of computer expenses as capital expenditure was dismissed for lack of prosecution. Case-Laws Income Tax Fri, 26 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252043