https://www.taxtmi.com/caselaws?id=181889 The Tribunal's decision to confirm the deletion of GP addition on sales to a sister concern was upheld by the High Court. The Tribunal found that the Assessing Officer incorrectly applied rates of different parties and that the prices of raw materials had increased during the relevant period. The High Court agreed that there was no error in the decision. Additionally, the High Court dismissed the appeal regarding the deduction claimed under Section 80IB on income from job work, as the revenue failed to demonstrate why a previous judgment did not apply. en-us Mon, 28 Apr 2014 00:00:00 +0530 Wed, 27 Apr 2016 10:02:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181889 The Tribunal's decision to confirm the deletion of GP addition on sales to a sister concern was upheld by the High Court. The Tribunal found that the Assessing Officer incorrectly applied rates of different parties and that the prices of raw materials had increased during the relevant period. The High Court agreed that there was no error in the decision. Additionally, the High Court dismissed the appeal regarding the deduction claimed under Section 80IB on income from job work, as the revenue failed to demonstrate why a previous judgment did not apply. Case-Laws Income Tax Mon, 28 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181889