https://www.taxtmi.com/caselaws?id=267041 The Tribunal allowed the assessee's appeals in part, dismissing the revenue's appeals. The Tribunal upheld the assessee's position on the ownership of documents and the method of accounting, while agreeing with the revenue on the non-allowance of deduction under section 80IB. The additions based on handwritten sheets and seized documents were deleted or reduced, respectively, based on the Tribunal's findings. The Tribunal emphasized the importance of proving ownership of documents and recognized the validity of the project completion method over the percentage completion method for revenue recognition. en-us Fri, 06 Jun 2014 00:00:00 +0530 Thu, 29 Oct 2015 06:08:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267041 The Tribunal allowed the assessee's appeals in part, dismissing the revenue's appeals. The Tribunal upheld the assessee's position on the ownership of documents and the method of accounting, while agreeing with the revenue on the non-allowance of deduction under section 80IB. The additions based on handwritten sheets and seized documents were deleted or reduced, respectively, based on the Tribunal's findings. The Tribunal emphasized the importance of proving ownership of documents and recognized the validity of the project completion method over the percentage completion method for revenue recognition. Case-Laws Income Tax Fri, 06 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267041