https://www.taxtmi.com/caselaws?id=338804 The Tribunal partially allowed the assessee's appeal by directing the Assessing Officer to reconsider the deduction under section 10B, allowing the disputed receipts as part of the business income. The disallowance of prior period expenses was upheld due to lack of evidence of crystallization in the relevant year. Additionally, the Tribunal ordered the removal of the addition made under section 115JB for disallowance under section 10B, as it was impermissible according to the Explanation to section 115JB. en-us Fri, 03 Feb 2017 00:00:00 +0530 Sat, 11 Feb 2017 10:47:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338804 The Tribunal partially allowed the assessee's appeal by directing the Assessing Officer to reconsider the deduction under section 10B, allowing the disputed receipts as part of the business income. The disallowance of prior period expenses was upheld due to lack of evidence of crystallization in the relevant year. Additionally, the Tribunal ordered the removal of the addition made under section 115JB for disallowance under section 10B, as it was impermissible according to the Explanation to section 115JB. Case-Laws Income Tax Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338804