https://www.taxtmi.com/caselaws?id=176666 The Tribunal dismissed the Revenue's appeals against the Commissioner of Income Tax (Appeals) decision to allow the assessee's deduction under Section 80P(2)(a)(ii) of the Income Tax Act. The Tribunal upheld that the assessee qualified as a cottage industry under statutory provisions and received government support, entitling it to the exemption. Citing a previous decision, the Tribunal found the Revenue's objections regarding the size and operations of the assessee to be invalid. Consequently, the Tribunal upheld the decision of the Commissioner of Income Tax (Appeals), dismissing the Revenue's appeals. en-us Mon, 11 Jun 2012 00:00:00 +0530 Sat, 17 Jun 2017 19:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176666 The Tribunal dismissed the Revenue's appeals against the Commissioner of Income Tax (Appeals) decision to allow the assessee's deduction under Section 80P(2)(a)(ii) of the Income Tax Act. The Tribunal upheld that the assessee qualified as a cottage industry under statutory provisions and received government support, entitling it to the exemption. Citing a previous decision, the Tribunal found the Revenue's objections regarding the size and operations of the assessee to be invalid. Consequently, the Tribunal upheld the decision of the Commissioner of Income Tax (Appeals), dismissing the Revenue's appeals. Case-Laws Income Tax Mon, 11 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176666