https://www.taxtmi.com/caselaws?id=312463 The Tribunal partially allowed the appeal concerning the denial of deduction under section 80IB for the assessment year 2008-2009. It directed the Assessing Officer to grant deductions for income from job work charges, sale of scrap, and sundry balances written off, recognizing them as part of business income. However, the Tribunal upheld the denial of deduction for interest income on fixed deposits, classifying it as income from other sources. en-us Fri, 01 Feb 2013 00:00:00 +0530 Tue, 20 Feb 2024 10:41:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312463 The Tribunal partially allowed the appeal concerning the denial of deduction under section 80IB for the assessment year 2008-2009. It directed the Assessing Officer to grant deductions for income from job work charges, sale of scrap, and sundry balances written off, recognizing them as part of business income. However, the Tribunal upheld the denial of deduction for interest income on fixed deposits, classifying it as income from other sources. Case-Laws Income Tax Fri, 01 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312463