https://www.taxtmi.com/caselaws?id=295401 The court affirmed the decisions of the lower appellate authorities and the Income Tax Appellate Tribunal regarding the interpretation of Section 80-IB of the Income Tax Act for income from the sale of reject coal and iron ore fine dust. It also upheld the justification of write-off for advances given to M/s Bear Logistics LLC and the inclusion of local taxes and duties in turnover, emphasizing the commercial elements of the transactions. The case was scheduled for further proceedings on 6th August 2019. en-us Wed, 06 Mar 2019 00:00:00 +0530 Wed, 02 Jun 2021 08:37:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295401 The court affirmed the decisions of the lower appellate authorities and the Income Tax Appellate Tribunal regarding the interpretation of Section 80-IB of the Income Tax Act for income from the sale of reject coal and iron ore fine dust. It also upheld the justification of write-off for advances given to M/s Bear Logistics LLC and the inclusion of local taxes and duties in turnover, emphasizing the commercial elements of the transactions. The case was scheduled for further proceedings on 6th August 2019. Case-Laws Income Tax Wed, 06 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295401