https://www.taxtmi.com/caselaws?id=422914 The tribunal dismissed the revenue's appeals and allowed the assessee's cross-objections. The full deduction under section 80IB was upheld, and the additional addition for AY 2015-16 was deleted. The tribunal found no concrete evidence supporting allegations of profit shifting, siphoning of funds, or inflation of hospital receipts. The comparison of profitability between the hospitals was deemed inappropriate due to their differing operational natures. en-us Wed, 18 May 2022 00:00:00 +0530 Tue, 24 May 2022 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422914 The tribunal dismissed the revenue's appeals and allowed the assessee's cross-objections. The full deduction under section 80IB was upheld, and the additional addition for AY 2015-16 was deleted. The tribunal found no concrete evidence supporting allegations of profit shifting, siphoning of funds, or inflation of hospital receipts. The comparison of profitability between the hospitals was deemed inappropriate due to their differing operational natures. Case-Laws Income Tax Wed, 18 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422914