https://www.taxtmi.com/caselaws?id=297628 The Tribunal allowed the appeal partially, directing the Assessing Officer to compute the deduction under Section 80IB, including scrap sales as part of gains from the industrial undertaking. The Tribunal relied on a decision of the Jurisdictional High Court, stating that scrap sales are integral to industrial activity and should be considered for deductions under Section 80IB. The appellant's argument, supported by previous Tribunal decisions, prevailed over the Departmental Representative's contention that the case's facts differed from the High Court ruling. The order was pronounced on 06.01.2016. en-us Wed, 06 Jan 2016 00:00:00 +0530 Wed, 15 Sep 2021 08:59:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297628 The Tribunal allowed the appeal partially, directing the Assessing Officer to compute the deduction under Section 80IB, including scrap sales as part of gains from the industrial undertaking. The Tribunal relied on a decision of the Jurisdictional High Court, stating that scrap sales are integral to industrial activity and should be considered for deductions under Section 80IB. The appellant's argument, supported by previous Tribunal decisions, prevailed over the Departmental Representative's contention that the case's facts differed from the High Court ruling. The order was pronounced on 06.01.2016. Case-Laws Income Tax Wed, 06 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297628