https://www.taxtmi.com/caselaws?id=178629 The Appellate Tribunal found the Assessing Officer's failure to verify area-wise calculations unacceptable. Emphasizing the importance of verifying eligibility for deductions under section 80-IB(10), the Tribunal directed the AO to conduct proper verification. It highlighted that survey statements lack evidentiary value. The decision allowed the appeal for statistical purposes, remitting the matter to the AO for compliance with the Tribunal's directions. en-us Wed, 11 May 2011 00:00:00 +0530 Fri, 21 Apr 2023 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178629 The Appellate Tribunal found the Assessing Officer's failure to verify area-wise calculations unacceptable. Emphasizing the importance of verifying eligibility for deductions under section 80-IB(10), the Tribunal directed the AO to conduct proper verification. It highlighted that survey statements lack evidentiary value. The decision allowed the appeal for statistical purposes, remitting the matter to the AO for compliance with the Tribunal's directions. Case-Laws Income Tax Wed, 11 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178629