https://www.taxtmi.com/caselaws?id=440000 The Tribunal dismissed the Revenue's appeal challenging the denial of benefits under Sections 11 and 12 of the Income Tax Act, affirming the CIT(A)'s decision. Additionally, the Tribunal allowed certain grounds of the assessee's appeal related to the computation of income, treatment of grants and funds, application of depreciation rates, carry forward of deficit, and accumulation of income, based on relevant judicial precedents and principles. The Tribunal's decision provided relief to the assessee on various issues raised in the appeal. en-us Fri, 23 Jun 2023 00:00:00 +0530 Thu, 06 Jul 2023 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440000 The Tribunal dismissed the Revenue's appeal challenging the denial of benefits under Sections 11 and 12 of the Income Tax Act, affirming the CIT(A)'s decision. Additionally, the Tribunal allowed certain grounds of the assessee's appeal related to the computation of income, treatment of grants and funds, application of depreciation rates, carry forward of deficit, and accumulation of income, based on relevant judicial precedents and principles. The Tribunal's decision provided relief to the assessee on various issues raised in the appeal. Case-Laws Income Tax Fri, 23 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440000