https://www.taxtmi.com/caselaws?id=366975 The Tribunal upheld the eligibility of foreign exchange fluctuation, customer advances written back, and sundry balances of provisions written back for deduction under Section 80IC. However, it ruled against the eligibility of miscellaneous receipts for such deduction. Appeals with tax effects below Rs. 20 lakhs were dismissed based on CBDT Circular No. 3/2018. The Tribunal disposed of all six appeals in favor of the assessee, maintaining the CIT(A)'s decisions. en-us Tue, 11 Sep 2018 00:00:00 +0530 Wed, 12 Sep 2018 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366975 The Tribunal upheld the eligibility of foreign exchange fluctuation, customer advances written back, and sundry balances of provisions written back for deduction under Section 80IC. However, it ruled against the eligibility of miscellaneous receipts for such deduction. Appeals with tax effects below Rs. 20 lakhs were dismissed based on CBDT Circular No. 3/2018. The Tribunal disposed of all six appeals in favor of the assessee, maintaining the CIT(A)'s decisions. Case-Laws Income Tax Tue, 11 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366975