https://www.taxtmi.com/caselaws?id=345144 Section 80IB deduction was allowed at 100% of eligible profits because the Tribunal followed its earlier order in the assessee's own case and found no material change to justify restricting the claim to 75%. Interest disallowance under section 36(1)(iii) was rejected because the assessee's own funds exceeded the interest-free advances, attracting the presumption that such advances came from non-borrowed funds. Disallowance under section 14A was also rejected because the Assessing Officer had not recorded the required satisfaction, on credible material, linking borrowed funds with exempt income or showing the necessary nexus. en-us Tue, 07 Feb 2017 00:00:00 +0530 Mon, 08 Aug 2022 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345144 Section 80IB deduction was allowed at 100% of eligible profits because the Tribunal followed its earlier order in the assessee's own case and found no material change to justify restricting the claim to 75%. Interest disallowance under section 36(1)(iii) was rejected because the assessee's own funds exceeded the interest-free advances, attracting the presumption that such advances came from non-borrowed funds. Disallowance under section 14A was also rejected because the Assessing Officer had not recorded the required satisfaction, on credible material, linking borrowed funds with exempt income or showing the necessary nexus. Case-Laws Income Tax Tue, 07 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345144