https://www.taxtmi.com/caselaws?id=369302 The High Court dismissed all three appeals filed by the Revenue, upholding the ITAT's decisions to delete penalties related to disallowance under Section 80IA, rejection of the claim that sales tax incentive is a capital receipt, and addition to total income for items not eligible for 100% depreciation. The court found no concealment or inaccurate particulars by the assessee, emphasizing the debatable nature of the issues and reliance on judicial precedents. The appeals were dismissed with no order as to costs. en-us Tue, 04 Sep 2018 00:00:00 +0530 Tue, 13 Nov 2018 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369302 The High Court dismissed all three appeals filed by the Revenue, upholding the ITAT's decisions to delete penalties related to disallowance under Section 80IA, rejection of the claim that sales tax incentive is a capital receipt, and addition to total income for items not eligible for 100% depreciation. The court found no concealment or inaccurate particulars by the assessee, emphasizing the debatable nature of the issues and reliance on judicial precedents. The appeals were dismissed with no order as to costs. Case-Laws Income Tax Tue, 04 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369302