https://www.taxtmi.com/caselaws?id=190051 The Tribunal dismissed both the assessee's and the Revenue's appeals. The proceedings under section 263 of the IT Act were upheld due to the Assessing Officer's failure to properly examine the issue. Additionally, the deduction under section 80-IB(10) was allowed as the assessee met all necessary conditions and was found to have a principal-to-principal relationship with OSHB, rather than being just a contractor. en-us Tue, 14 Jul 2009 00:00:00 +0530 Thu, 02 Feb 2017 15:25:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190051 The Tribunal dismissed both the assessee's and the Revenue's appeals. The proceedings under section 263 of the IT Act were upheld due to the Assessing Officer's failure to properly examine the issue. Additionally, the deduction under section 80-IB(10) was allowed as the assessee met all necessary conditions and was found to have a principal-to-principal relationship with OSHB, rather than being just a contractor. Case-Laws Income Tax Tue, 14 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190051