https://www.taxtmi.com/caselaws?id=261283 The Tribunal dismissed both appeals filed by the Revenue, upholding the CIT(A)'s decisions. The additions made by the AO were deemed unjustified based on legal precedents. The Tribunal affirmed the deletions of deemed dividends, disallowance of foreign travel expenses, and addition of repairs as revenue expenditure. Additionally, the deduction under section 80IA was allowed, as the assessee met the criteria despite not being registered as a Small Scale Industrial Undertaking. The judgment was pronounced on June 29, 2015. en-us Mon, 29 Jun 2015 00:00:00 +0530 Wed, 22 Jul 2015 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261283 The Tribunal dismissed both appeals filed by the Revenue, upholding the CIT(A)'s decisions. The additions made by the AO were deemed unjustified based on legal precedents. The Tribunal affirmed the deletions of deemed dividends, disallowance of foreign travel expenses, and addition of repairs as revenue expenditure. Additionally, the deduction under section 80IA was allowed, as the assessee met the criteria despite not being registered as a Small Scale Industrial Undertaking. The judgment was pronounced on June 29, 2015. Case-Laws Income Tax Mon, 29 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261283