https://www.taxtmi.com/caselaws?id=375584 The High Court dismissed the Income Tax Appeal, upholding the Tribunal's decisions on the capital nature of the sales tax exemption receipt and the deletion of the addition under section 80IA. The court relied on past judgments and legal consistency in determining that the receipts were capital in nature and that the deduction claimed by the assessee was valid, as the factual data did not support a deviation from past practices. en-us Mon, 18 Feb 2019 00:00:00 +0530 Wed, 20 Feb 2019 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375584 The High Court dismissed the Income Tax Appeal, upholding the Tribunal's decisions on the capital nature of the sales tax exemption receipt and the deletion of the addition under section 80IA. The court relied on past judgments and legal consistency in determining that the receipts were capital in nature and that the deduction claimed by the assessee was valid, as the factual data did not support a deviation from past practices. Case-Laws Income Tax Mon, 18 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375584