https://www.taxtmi.com/caselaws?id=181899 The Tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s decisions on all grounds for the assessment year 2007-08. The Tribunal cited the lack of provision to estimate fair market value for sales to a sister concern, allowed deduction under section 80IB for labor receipts based on precedent, and confirmed the deletion of disallowed bonus and leave wages due to worker statements confirming receipt. Cross Objections were withdrawn and dismissed, emphasizing adherence to legal provisions and worker statements. en-us Mon, 29 Apr 2013 00:00:00 +0530 Wed, 27 Apr 2016 11:40:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181899 The Tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s decisions on all grounds for the assessment year 2007-08. The Tribunal cited the lack of provision to estimate fair market value for sales to a sister concern, allowed deduction under section 80IB for labor receipts based on precedent, and confirmed the deletion of disallowed bonus and leave wages due to worker statements confirming receipt. Cross Objections were withdrawn and dismissed, emphasizing adherence to legal provisions and worker statements. Case-Laws Income Tax Mon, 29 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181899