https://www.taxtmi.com/caselaws?id=416177 The High Court ruled in favor of the assessee on both issues. Regarding eligibility for relief under section 80IA, the court emphasized the importance of the assessee's control over the manufacturing process, confirming their entitlement to the benefit. In the matter of the allowance of bad debts written off under section 36(1)(vii), the court upheld the Tribunal's decision, considering the transactions as part of the assessee's business activity. The court highlighted previous orders supporting the assessee and dismissed the Revenue's appeal, affirming the decisions in favor of the assessee. en-us Tue, 07 Dec 2021 00:00:00 +0530 Wed, 22 Dec 2021 07:51:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416177 The High Court ruled in favor of the assessee on both issues. Regarding eligibility for relief under section 80IA, the court emphasized the importance of the assessee's control over the manufacturing process, confirming their entitlement to the benefit. In the matter of the allowance of bad debts written off under section 36(1)(vii), the court upheld the Tribunal's decision, considering the transactions as part of the assessee's business activity. The court highlighted previous orders supporting the assessee and dismissed the Revenue's appeal, affirming the decisions in favor of the assessee. Case-Laws Income Tax Tue, 07 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416177