https://www.taxtmi.com/caselaws?id=325346 The Tribunal partly allowed the appeals, remanding various issues back to the AO for reevaluation. The disallowance of Section 80IC deduction was remanded due to the need for proper investigation and consideration of evidence. The disallowance of Section 80I deduction was overturned as Form 10CCB was not mandatory. The disallowance of interest was deleted as advances were for business purposes. The disallowance of depreciation on the factory building addition was remanded for further review. Subscription and membership fees disallowance was upheld. The disallowance of Section 80G deduction was remanded for verification. The disallowance of duty drawback and job work charges deduction was also remanded. The disallowance of traveling expenses was deleted. en-us Mon, 21 Dec 2015 00:00:00 +0530 Thu, 17 Mar 2016 10:12:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325346 The Tribunal partly allowed the appeals, remanding various issues back to the AO for reevaluation. The disallowance of Section 80IC deduction was remanded due to the need for proper investigation and consideration of evidence. The disallowance of Section 80I deduction was overturned as Form 10CCB was not mandatory. The disallowance of interest was deleted as advances were for business purposes. The disallowance of depreciation on the factory building addition was remanded for further review. Subscription and membership fees disallowance was upheld. The disallowance of Section 80G deduction was remanded for verification. The disallowance of duty drawback and job work charges deduction was also remanded. The disallowance of traveling expenses was deleted. Case-Laws Income Tax Mon, 21 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325346