https://www.taxtmi.com/caselaws?id=260519 The Tribunal ruled in favor of the assessee, directing the AO to grant the deduction under section 80IC of the Income Tax Act. The Tribunal found that the profits of the Manpura unit did not include trading profits as alleged, emphasizing the significance of factual evidence and separate accounts in determining eligibility for deductions. The decision overturned the findings of the Ld.CIT(A) and supported the appellant's claim regarding the computation of relief under section 80IC. en-us Fri, 22 May 2015 00:00:00 +0530 Tue, 16 Jun 2015 08:35:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260519 The Tribunal ruled in favor of the assessee, directing the AO to grant the deduction under section 80IC of the Income Tax Act. The Tribunal found that the profits of the Manpura unit did not include trading profits as alleged, emphasizing the significance of factual evidence and separate accounts in determining eligibility for deductions. The decision overturned the findings of the Ld.CIT(A) and supported the appellant's claim regarding the computation of relief under section 80IC. Case-Laws Income Tax Fri, 22 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260519