https://www.taxtmi.com/caselaws?id=261041 The Tribunal upheld the disallowance of deductions under Sections 80I/80IA for manufacturing "tobacco preparations," treated sales tax incentives as revenue receipts, allowed set-off of losses for computing book profits under Section 115JB, permitted depreciation on unused assets, dismissed an additional ground for deduction under Section 80IA, and remitted the issue of capital subsidy for further consideration. The appeals were partly allowed, with certain issues remitted for review. en-us Fri, 29 May 2015 00:00:00 +0530 Tue, 30 Jun 2015 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261041 The Tribunal upheld the disallowance of deductions under Sections 80I/80IA for manufacturing "tobacco preparations," treated sales tax incentives as revenue receipts, allowed set-off of losses for computing book profits under Section 115JB, permitted depreciation on unused assets, dismissed an additional ground for deduction under Section 80IA, and remitted the issue of capital subsidy for further consideration. The appeals were partly allowed, with certain issues remitted for review. Case-Laws Income Tax Fri, 29 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261041