https://www.taxtmi.com/caselaws?id=256405 The High Court upheld the Tribunal's decision in favor of the assessee, rejecting the Revenue's appeal challenging the allowance of deductions under Section 10B and 80IB of the Income Tax Act. The Court emphasized the importance of verifying entries before rejecting books of accounts, citing lack of evidence from the Revenue to support the AO's actions. The Court found no substantial legal issues raised by the Revenue, dismissing the appeal as lacking merit. en-us Wed, 28 Jan 2015 00:00:00 +0530 Thu, 12 Feb 2015 06:27:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256405 The High Court upheld the Tribunal's decision in favor of the assessee, rejecting the Revenue's appeal challenging the allowance of deductions under Section 10B and 80IB of the Income Tax Act. The Court emphasized the importance of verifying entries before rejecting books of accounts, citing lack of evidence from the Revenue to support the AO's actions. The Court found no substantial legal issues raised by the Revenue, dismissing the appeal as lacking merit. Case-Laws Income Tax Wed, 28 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256405