https://www.taxtmi.com/caselaws?id=37336 The court quashed the Central Board of Direct Taxes' (CBDT) orders in the cases of M/s. Orissa Cements Ltd., M/s. Panyam Cements & Minerals Ltd., and M/s. A. C. C. Ltd., directing reconsideration due to lack of detailed reasoning. However, the court upheld the CBDT's refusal for M/s. K. C. P. Ltd. and M/s. J. & K. Minerals Ltd., as the agreements did not meet Section 80MM requirements. The court highlighted the importance of CBDT providing thorough justifications in its orders for refusal under Section 80MM. en-us Wed, 21 Mar 1979 00:00:00 +0530 Mon, 29 Mar 2010 11:24:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37336 The court quashed the Central Board of Direct Taxes' (CBDT) orders in the cases of M/s. Orissa Cements Ltd., M/s. Panyam Cements & Minerals Ltd., and M/s. A. C. C. Ltd., directing reconsideration due to lack of detailed reasoning. However, the court upheld the CBDT's refusal for M/s. K. C. P. Ltd. and M/s. J. & K. Minerals Ltd., as the agreements did not meet Section 80MM requirements. The court highlighted the importance of CBDT providing thorough justifications in its orders for refusal under Section 80MM. Case-Laws Income Tax Wed, 21 Mar 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37336