https://www.taxtmi.com/caselaws?id=400151 The Tribunal partially allowed the assessee's appeal and dismissed the revenue's appeal on various issues related to deductions under Sections 80IA, 80I, and 80HH. The Tribunal held that deductions were admissible for Lean Gas production at customer terminals, supported the deduction claim for customer terminals in backward areas, allowed deductions for interest and miscellaneous income, directed the reduction of capitalized interest and miscellaneous income from eligible profits, disallowed the amortization of leasehold rent, allowed horticulture expenses, and permitted deferred revenue expenditure. The Tribunal provided detailed directions on each issue in compliance with legal precedents and substantial evidence. en-us Mon, 26 Oct 2020 00:00:00 +0530 Mon, 26 Oct 2020 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400151 The Tribunal partially allowed the assessee's appeal and dismissed the revenue's appeal on various issues related to deductions under Sections 80IA, 80I, and 80HH. The Tribunal held that deductions were admissible for Lean Gas production at customer terminals, supported the deduction claim for customer terminals in backward areas, allowed deductions for interest and miscellaneous income, directed the reduction of capitalized interest and miscellaneous income from eligible profits, disallowed the amortization of leasehold rent, allowed horticulture expenses, and permitted deferred revenue expenditure. The Tribunal provided detailed directions on each issue in compliance with legal precedents and substantial evidence. Case-Laws Income Tax Mon, 26 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400151