https://www.taxtmi.com/caselaws?id=419678 The Tribunal allowed the appeal in favor of the assessee, directing the AO to grant necessary deductions and re-compute eligible profits under Section 80IE of the Income Tax Act. The Tribunal held that miscellaneous income, cash discount income, and interest income should be included in eligible profits for deduction, based on their direct connection to the industrial undertaking's income. The order was pronounced on 14/03/2022. en-us Mon, 14 Mar 2022 00:00:00 +0530 Thu, 17 Mar 2022 08:34:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419678 The Tribunal allowed the appeal in favor of the assessee, directing the AO to grant necessary deductions and re-compute eligible profits under Section 80IE of the Income Tax Act. The Tribunal held that miscellaneous income, cash discount income, and interest income should be included in eligible profits for deduction, based on their direct connection to the industrial undertaking's income. The order was pronounced on 14/03/2022. Case-Laws Income Tax Mon, 14 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419678