https://www.taxtmi.com/caselaws?id=266354 The court upheld the eligibility of exchange rate difference, sundry balances written back, and income from scrap sales for section 80IB deduction. The ITAT supported the CIT (A)'s decisions, citing relevant court precedents and emphasizing the direct connection of these amounts to the assessee's business undertaking. The Revenue's appeals challenging these deductions were rejected, affirming that these specific items were entitled to section 80IB deduction based on established legal principles. en-us Fri, 19 Jun 2015 00:00:00 +0530 Mon, 19 Oct 2015 20:35:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266354 The court upheld the eligibility of exchange rate difference, sundry balances written back, and income from scrap sales for section 80IB deduction. The ITAT supported the CIT (A)'s decisions, citing relevant court precedents and emphasizing the direct connection of these amounts to the assessee's business undertaking. The Revenue's appeals challenging these deductions were rejected, affirming that these specific items were entitled to section 80IB deduction based on established legal principles. Case-Laws Income Tax Fri, 19 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266354