https://www.taxtmi.com/caselaws?id=297627 The Tribunal allowed the appellant's appeal concerning the disallowance under section 80IB for scrap sales in the assessment years 2006-07 and 2007-08. The Tribunal held that the sale of scrap, being an integral part of the industrial activity of manufacturing DG sets, qualified for deduction under section 80IB. Relying on relevant court decisions and emphasizing the generation of scrap in the manufacturing process, the Tribunal ruled in favor of the appellant, allowing the deduction for both assessment years. en-us Tue, 02 Jun 2015 00:00:00 +0530 Wed, 15 Sep 2021 08:59:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297627 The Tribunal allowed the appellant's appeal concerning the disallowance under section 80IB for scrap sales in the assessment years 2006-07 and 2007-08. The Tribunal held that the sale of scrap, being an integral part of the industrial activity of manufacturing DG sets, qualified for deduction under section 80IB. Relying on relevant court decisions and emphasizing the generation of scrap in the manufacturing process, the Tribunal ruled in favor of the appellant, allowing the deduction for both assessment years. Case-Laws Income Tax Tue, 02 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297627