https://www.taxtmi.com/caselaws?id=268202 The Tribunal upheld the CIT(A)'s orders in favor of the assessee, confirming exemption under Section 10B for a 100% Export Oriented Unit formed through business reconstruction, rejecting disallowances related to investments under Section 14A and bad debts under Section 35D, and overturning the disallowance of a bonus payment. The Revenue's appeal was dismissed, and the assessee's cross objection was deemed infructuous and dismissed as well. en-us Wed, 07 Oct 2015 00:00:00 +0530 Sat, 21 Nov 2015 12:47:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268202 The Tribunal upheld the CIT(A)'s orders in favor of the assessee, confirming exemption under Section 10B for a 100% Export Oriented Unit formed through business reconstruction, rejecting disallowances related to investments under Section 14A and bad debts under Section 35D, and overturning the disallowance of a bonus payment. The Revenue's appeal was dismissed, and the assessee's cross objection was deemed infructuous and dismissed as well. Case-Laws Income Tax Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268202