https://www.taxtmi.com/caselaws?id=368966 The appeal of the assessee was partly allowed for statistical purposes. The disallowance of deduction under section 80IB for purported export incentives was upheld. However, the disallowance of pro-rata interest on a loan was remanded back to the Assessing Officer for proper adjudication. The addition of short-term capital gain arising from the sale of land was also remanded for further verification. The violation of principles of natural justice in framing the assessment was dismissed as the grounds were not pressed by the assessee's representative. en-us Mon, 15 Oct 2018 00:00:00 +0530 Tue, 16 Oct 2018 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368966 The appeal of the assessee was partly allowed for statistical purposes. The disallowance of deduction under section 80IB for purported export incentives was upheld. However, the disallowance of pro-rata interest on a loan was remanded back to the Assessing Officer for proper adjudication. The addition of short-term capital gain arising from the sale of land was also remanded for further verification. The violation of principles of natural justice in framing the assessment was dismissed as the grounds were not pressed by the assessee's representative. Case-Laws Income Tax Mon, 15 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368966