https://www.taxtmi.com/caselaws?id=284744 The High Court of Patna upheld the orders of the Income Tax Appellate Tribunal granting benefit under Section 115JB of the Income Tax Act to the respondent, a corporation created under a statute. The Court found the benefit valid, emphasizing the statutory nature of the corporation and dismissing challenges to the deductions granted by the Tribunal. The Court concluded that there were no errors or substantial questions of law necessitating reconsideration, and therefore dismissed the appeals filed by the Revenue. en-us Fri, 09 Feb 2018 00:00:00 +0530 Mon, 09 Dec 2019 10:13:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284744 The High Court of Patna upheld the orders of the Income Tax Appellate Tribunal granting benefit under Section 115JB of the Income Tax Act to the respondent, a corporation created under a statute. The Court found the benefit valid, emphasizing the statutory nature of the corporation and dismissing challenges to the deductions granted by the Tribunal. The Court concluded that there were no errors or substantial questions of law necessitating reconsideration, and therefore dismissed the appeals filed by the Revenue. Case-Laws Income Tax Fri, 09 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284744