https://www.taxtmi.com/caselaws?id=271806 The Tribunal upheld the decisions of the learned Commissioner (Appeals) in favor of the assessee. The deduction under section 10B of the Income Tax Act was allowed, the exclusion of income of the SEZ Unit for computing book profit under section 115JB was upheld, and the addition of deemed dividend under section 2(22)(e) was dismissed. The Tribunal emphasized the consistency in applying legal principles and cited previous rulings to support its decision, ultimately dismissing the Department's appeal. en-us Thu, 07 Jan 2016 00:00:00 +0530 Sat, 30 Apr 2016 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271806 The Tribunal upheld the decisions of the learned Commissioner (Appeals) in favor of the assessee. The deduction under section 10B of the Income Tax Act was allowed, the exclusion of income of the SEZ Unit for computing book profit under section 115JB was upheld, and the addition of deemed dividend under section 2(22)(e) was dismissed. The Tribunal emphasized the consistency in applying legal principles and cited previous rulings to support its decision, ultimately dismissing the Department's appeal. Case-Laws Income Tax Thu, 07 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271806