https://www.taxtmi.com/caselaws?id=304787 The Tribunal upheld the deduction u/s 80IB based on the availability of the audit report during assessment, dismissing the revenue's appeal. It ruled that installation charges related to the sale of manufactured items are eligible for deduction, but service charges are not. The Tribunal affirmed the CIT(A)'s decision to allow the deduction and restrict disallowance of commission and consultancy expenses, directing the AO to recompute accordingly. The Tribunal also instructed the AO to quantify the deduction u/s 80IB by excluding expenses related to non-eligible receipts as per the Special Bench decision, providing specific directions for reassessment. en-us Fri, 04 Jun 2010 00:00:00 +0530 Sat, 22 Oct 2022 14:39:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304787 The Tribunal upheld the deduction u/s 80IB based on the availability of the audit report during assessment, dismissing the revenue's appeal. It ruled that installation charges related to the sale of manufactured items are eligible for deduction, but service charges are not. The Tribunal affirmed the CIT(A)'s decision to allow the deduction and restrict disallowance of commission and consultancy expenses, directing the AO to recompute accordingly. The Tribunal also instructed the AO to quantify the deduction u/s 80IB by excluding expenses related to non-eligible receipts as per the Special Bench decision, providing specific directions for reassessment. Case-Laws Income Tax Fri, 04 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304787