https://www.taxtmi.com/caselaws?id=293761 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's Cross Objections for statistical purposes. The Tribunal upheld the CIT(A)'s decisions on several issues, including the exclusion of sample design and development charges from the calculation of deduction u/s 80HHC and the allowance of 60% depreciation on UPS. The Tribunal remanded the issue of DEPB credit for further examination by the AO and allowed the deduction for contributions to the Group Gratuity Policy of LIC. The treatment of interest income as 'Income from other sources' was upheld against the assessee. en-us Wed, 31 Jul 2019 00:00:00 +0530 Tue, 02 Mar 2021 00:03:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293761 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's Cross Objections for statistical purposes. The Tribunal upheld the CIT(A)'s decisions on several issues, including the exclusion of sample design and development charges from the calculation of deduction u/s 80HHC and the allowance of 60% depreciation on UPS. The Tribunal remanded the issue of DEPB credit for further examination by the AO and allowed the deduction for contributions to the Group Gratuity Policy of LIC. The treatment of interest income as 'Income from other sources' was upheld against the assessee. Case-Laws Income Tax Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293761