https://www.taxtmi.com/caselaws?id=178164 The Tribunal upheld the CIT(A)'s decision regarding the deduction under section 80IA of the Income Tax Act for Assessment Year 2002-03, allowing the claim based on the filing of the Audit Report. The disallowance of freight and octroi expenses was overturned, as these were deemed legitimate expenses. The addition due to a difference in conversion charges was deleted by the CIT(A) but sent back to the AO for verification. The addition for suppressed conversion charges was also remanded for further examination. The Tribunal's decision partially allowed the Revenue's appeals, directing specific issues for reevaluation by the AO. en-us Fri, 19 Nov 2010 00:00:00 +0530 Fri, 29 Jan 2016 12:30:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178164 The Tribunal upheld the CIT(A)'s decision regarding the deduction under section 80IA of the Income Tax Act for Assessment Year 2002-03, allowing the claim based on the filing of the Audit Report. The disallowance of freight and octroi expenses was overturned, as these were deemed legitimate expenses. The addition due to a difference in conversion charges was deleted by the CIT(A) but sent back to the AO for verification. The addition for suppressed conversion charges was also remanded for further examination. The Tribunal's decision partially allowed the Revenue's appeals, directing specific issues for reevaluation by the AO. Case-Laws Income Tax Fri, 19 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178164