https://www.taxtmi.com/caselaws?id=267830 The Tribunal upheld the Ld.CIT(A)'s decision to allow the deduction under Section 80JJAA of the Income Tax Act, rejecting the Revenue's challenge. The Tribunal also supported the deletion of an addition on account of sales returns, emphasizing the varying nature of sales return percentages and the lack of basis for the imposed average. The Tribunal found in favor of the assessee, dismissing the Revenue's appeal and confirming the correctness of the deductions and deletions made by the Ld.CIT(A). en-us Fri, 09 Oct 2015 00:00:00 +0530 Mon, 16 Nov 2015 01:24:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267830 The Tribunal upheld the Ld.CIT(A)'s decision to allow the deduction under Section 80JJAA of the Income Tax Act, rejecting the Revenue's challenge. The Tribunal also supported the deletion of an addition on account of sales returns, emphasizing the varying nature of sales return percentages and the lack of basis for the imposed average. The Tribunal found in favor of the assessee, dismissing the Revenue's appeal and confirming the correctness of the deductions and deletions made by the Ld.CIT(A). Case-Laws Income Tax Fri, 09 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267830