https://www.taxtmi.com/caselaws?id=391496 The Tribunal dismissed the Revenue's appeal and affirmed the CIT(A)'s order allowing the deduction under section 10B to the assessee. The Tribunal found that the assessee provided sufficient documentary evidence to support its claim of manufacturing activities, and the AO's reliance on statements made during the search operation was deemed insufficient without corroborating evidence. The Tribunal emphasized the importance of concrete evidence and upheld the assessee's eligibility for the deduction under section 10B based on the documented manufacturing activities and compliance with relevant conditions. en-us Thu, 23 Jan 2020 00:00:00 +0530 Wed, 29 Jan 2020 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391496 The Tribunal dismissed the Revenue's appeal and affirmed the CIT(A)'s order allowing the deduction under section 10B to the assessee. The Tribunal found that the assessee provided sufficient documentary evidence to support its claim of manufacturing activities, and the AO's reliance on statements made during the search operation was deemed insufficient without corroborating evidence. The Tribunal emphasized the importance of concrete evidence and upheld the assessee's eligibility for the deduction under section 10B based on the documented manufacturing activities and compliance with relevant conditions. Case-Laws Income Tax Thu, 23 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391496