https://www.taxtmi.com/caselaws?id=193489 The Appellate Tribunal ITAT Mumbai dismissed Ground No.2 in ITA No.6631/Mum/2011, related to transactions between arms of the same business under section 80 IB(13). The Tribunal allowed Miscellaneous Application No.284/Mum/2014 with amendments. Additionally, deductions under section 80 IB for job work charges were accepted, while verification was directed for other income related to sundry balances. The Tribunal addressed Revenue's concerns on sales between concerns of the assessee, finding no dispute on third-party sales. Overall, the Tribunal provided thorough analysis and rulings on deduction issues, ensuring a fair resolution. en-us Wed, 28 Jan 2015 00:00:00 +0530 Wed, 02 Aug 2017 11:01:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193489 The Appellate Tribunal ITAT Mumbai dismissed Ground No.2 in ITA No.6631/Mum/2011, related to transactions between arms of the same business under section 80 IB(13). The Tribunal allowed Miscellaneous Application No.284/Mum/2014 with amendments. Additionally, deductions under section 80 IB for job work charges were accepted, while verification was directed for other income related to sundry balances. The Tribunal addressed Revenue's concerns on sales between concerns of the assessee, finding no dispute on third-party sales. Overall, the Tribunal provided thorough analysis and rulings on deduction issues, ensuring a fair resolution. Case-Laws Income Tax Wed, 28 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193489