https://www.taxtmi.com/caselaws?id=253116 The ITAT allowed the appeals for AY 2008-09 and 2009-10 concerning Section 80IB(11A) deductions for statistical purposes, directing the AO to verify the claims. The appeal on deferred revenue expenditure was also allowed for statistical purposes, instructing the AO to verify the actual expenditure. However, the appeal on depreciation of wooden crates was dismissed, affirming the CIT(A)'s decision. The ITAT ruled in favor of the assessee on Section 80IB(11A) deductions and deferred revenue expenditure, while upholding the CIT(A)'s decision on the depreciation issue. en-us Thu, 28 Aug 2014 00:00:00 +0530 Sat, 15 Nov 2014 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253116 The ITAT allowed the appeals for AY 2008-09 and 2009-10 concerning Section 80IB(11A) deductions for statistical purposes, directing the AO to verify the claims. The appeal on deferred revenue expenditure was also allowed for statistical purposes, instructing the AO to verify the actual expenditure. However, the appeal on depreciation of wooden crates was dismissed, affirming the CIT(A)'s decision. The ITAT ruled in favor of the assessee on Section 80IB(11A) deductions and deferred revenue expenditure, while upholding the CIT(A)'s decision on the depreciation issue. Case-Laws Income Tax Thu, 28 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253116