https://www.taxtmi.com/caselaws?id=177769 The Appellate Tribunal ITAT Chandigarh ruled in favor of the assessee on multiple issues for assessment year 2007-08 under the I.T. Act, 1961. It allowed deduction u/s 80IC on 'Other Income', upheld eligibility of job work charges for deduction u/s 80IC based on precedent, and deleted an addition on capitalization of expenses related to building repairs. The Tribunal emphasized the eligibility of income from manufacturing activities for deduction u/s 80IC and accepted the assessee's explanation on the nature of expenses, dismissing the Revenue's appeal. en-us Tue, 21 Jun 2011 00:00:00 +0530 Mon, 18 Jan 2016 16:37:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177769 The Appellate Tribunal ITAT Chandigarh ruled in favor of the assessee on multiple issues for assessment year 2007-08 under the I.T. Act, 1961. It allowed deduction u/s 80IC on 'Other Income', upheld eligibility of job work charges for deduction u/s 80IC based on precedent, and deleted an addition on capitalization of expenses related to building repairs. The Tribunal emphasized the eligibility of income from manufacturing activities for deduction u/s 80IC and accepted the assessee's explanation on the nature of expenses, dismissing the Revenue's appeal. Case-Laws Income Tax Tue, 21 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177769