https://www.taxtmi.com/caselaws?id=388986 The ITAT upheld the Ld. CIT(A)'s decision on both issues, dismissing the Revenue's appeal. The valuation of shares received by the assessee at retirement and the allowance of deduction under section 80IB(10) were both in favor of the assessee. The ITAT found no grounds to interfere, emphasizing the importance of consistency in applying tax deductions and supporting the Ld. CIT(A)'s reasoned orders based on the presented facts and circumstances. en-us Thu, 07 Nov 2019 00:00:00 +0530 Thu, 28 Nov 2019 13:34:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388986 The ITAT upheld the Ld. CIT(A)'s decision on both issues, dismissing the Revenue's appeal. The valuation of shares received by the assessee at retirement and the allowance of deduction under section 80IB(10) were both in favor of the assessee. The ITAT found no grounds to interfere, emphasizing the importance of consistency in applying tax deductions and supporting the Ld. CIT(A)'s reasoned orders based on the presented facts and circumstances. Case-Laws Income Tax Thu, 07 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388986