https://www.taxtmi.com/caselaws?id=419931 The ITAT allowed the assessee's appeal regarding the deduction under section 80IB(10) for unaccounted receipts from a project. The ITAT directed the assessing officer to allow the deduction on the amount in question. Additionally, the ITAT allowed the appeal for the penalty issue to be reconsidered based on the clarification provided by the assessee regarding the Vivad se Vishwas Scheme. The penalty issue was restored to the CIT(A) for a fresh decision. en-us Fri, 11 Mar 2022 00:00:00 +0530 Wed, 23 Mar 2022 08:40:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419931 The ITAT allowed the assessee's appeal regarding the deduction under section 80IB(10) for unaccounted receipts from a project. The ITAT directed the assessing officer to allow the deduction on the amount in question. Additionally, the ITAT allowed the appeal for the penalty issue to be reconsidered based on the clarification provided by the assessee regarding the Vivad se Vishwas Scheme. The penalty issue was restored to the CIT(A) for a fresh decision. Case-Laws Income Tax Fri, 11 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419931