https://www.taxtmi.com/caselaws?id=279343 The Tribunal dismissed the departmental appeal, upholding the decision to delete the addition under section 80IC. The judgment supported the assessee's position, emphasizing the lack of evidence to prove diversion of profits towards exempt units. The Tribunal cited consistency in legal interpretation and previous precedents, affirming the deletion of the addition and concluding that the departmental appeal had no valid grounds for interference. en-us Wed, 07 Mar 2018 00:00:00 +0530 Thu, 14 Mar 2019 07:43:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279343 The Tribunal dismissed the departmental appeal, upholding the decision to delete the addition under section 80IC. The judgment supported the assessee's position, emphasizing the lack of evidence to prove diversion of profits towards exempt units. The Tribunal cited consistency in legal interpretation and previous precedents, affirming the deletion of the addition and concluding that the departmental appeal had no valid grounds for interference. Case-Laws Income Tax Wed, 07 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279343