https://www.taxtmi.com/caselaws?id=186647 The Tribunal allowed the appeal for statistical purposes, restoring the issue of scrap sales to the Assessing Officer for verification. The Tribunal dismissed the grounds raised by the assessee regarding interest income, emphasizing that section 80IB allows deduction for profits derived from the eligible business, with a narrow connotation of "derived from." The decision provided clarity on the interpretation of the law, directing further verification for specific claims related to scrap sales and interest income. en-us Tue, 30 Nov 2010 00:00:00 +0530 Mon, 26 Sep 2016 13:06:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186647 The Tribunal allowed the appeal for statistical purposes, restoring the issue of scrap sales to the Assessing Officer for verification. The Tribunal dismissed the grounds raised by the assessee regarding interest income, emphasizing that section 80IB allows deduction for profits derived from the eligible business, with a narrow connotation of "derived from." The decision provided clarity on the interpretation of the law, directing further verification for specific claims related to scrap sales and interest income. Case-Laws Income Tax Tue, 30 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186647