https://www.taxtmi.com/caselaws?id=184953 The Tribunal partly allowed the appeal, ruling in favor of the assessee on the rejection of books of accounts and the estimation of GP rate. It directed the inclusion of Vatav Kasar income in business profits for Section 80IB deduction. However, the Tribunal upheld the disallowance of Section 80IB deduction by reworking the written down value of assets, in line with the decision in Vahid Paper Converters. en-us Fri, 23 Sep 2011 00:00:00 +0530 Tue, 26 Jul 2016 15:30:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184953 The Tribunal partly allowed the appeal, ruling in favor of the assessee on the rejection of books of accounts and the estimation of GP rate. It directed the inclusion of Vatav Kasar income in business profits for Section 80IB deduction. However, the Tribunal upheld the disallowance of Section 80IB deduction by reworking the written down value of assets, in line with the decision in Vahid Paper Converters. Case-Laws Income Tax Fri, 23 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184953