https://www.taxtmi.com/caselaws?id=180239 The Tribunal upheld the CIT (A)'s findings in the case, allowing the inclusion of interest income from FD and job receipts for section 80IB deduction, rejecting the department's objection. It also confirmed that expenses need not be bifurcated based on turnover for computing the deduction. Additionally, the Tribunal agreed with the deletion of an amount under section 40(a)(ia) of the Act, ruling that reimbursement payments to Clearing and Forwarding Agents were not subject to TDS. The department's appeal was dismissed. en-us Fri, 16 Dec 2011 00:00:00 +0530 Thu, 07 Sep 2017 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180239 The Tribunal upheld the CIT (A)'s findings in the case, allowing the inclusion of interest income from FD and job receipts for section 80IB deduction, rejecting the department's objection. It also confirmed that expenses need not be bifurcated based on turnover for computing the deduction. Additionally, the Tribunal agreed with the deletion of an amount under section 40(a)(ia) of the Act, ruling that reimbursement payments to Clearing and Forwarding Agents were not subject to TDS. The department's appeal was dismissed. Case-Laws Income Tax Fri, 16 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180239