https://www.taxtmi.com/caselaws?id=189631 The Tribunal upheld the Commissioner (Appeals)'s decision that the entire profits of the project were eligible for deduction under section 80IB(10), rejecting the AO's artificial bifurcation of profits. It set aside issues related to undisclosed sales for fresh adjudication, noting the lack of corroborative evidence from seized documents. The Tribunal also upheld the admission of additional evidence under Rule 46A(4) and affirmed the method of accounting and valuation of FSI. The Revenue's appeal was dismissed, and the assessee's appeal was allowed for statistical purposes. en-us Fri, 21 Oct 2011 00:00:00 +0530 Sat, 14 Jan 2017 13:57:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189631 The Tribunal upheld the Commissioner (Appeals)'s decision that the entire profits of the project were eligible for deduction under section 80IB(10), rejecting the AO's artificial bifurcation of profits. It set aside issues related to undisclosed sales for fresh adjudication, noting the lack of corroborative evidence from seized documents. The Tribunal also upheld the admission of additional evidence under Rule 46A(4) and affirmed the method of accounting and valuation of FSI. The Revenue's appeal was dismissed, and the assessee's appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 21 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189631