https://www.taxtmi.com/caselaws?id=263883 The Tribunal dismissed the revenue's appeal, affirming the CIT(A)'s decisions. It held that subsidies received by the assessee qualified for deduction under Section 80IB as they directly related to business operations. Additionally, the Tribunal upheld the consistent valuation method of the assessee's closing stock, leading to the appeal's complete dismissal. en-us Wed, 26 Aug 2015 00:00:00 +0530 Sat, 12 Sep 2015 07:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263883 The Tribunal dismissed the revenue's appeal, affirming the CIT(A)'s decisions. It held that subsidies received by the assessee qualified for deduction under Section 80IB as they directly related to business operations. Additionally, the Tribunal upheld the consistent valuation method of the assessee's closing stock, leading to the appeal's complete dismissal. Case-Laws Income Tax Wed, 26 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263883