https://www.taxtmi.com/caselaws?id=458837 The Tribunal partially allowed the assessee's appeal, affirming eligibility for deduction under Section 80-IB(10) while rejecting the Commissioner's reallocation of indirect administrative expenses. It directed reassessment of interest expenditure allocation based on actual loan utilization and upheld the allocation of depreciation on general assets. The Assessing Officer was instructed to further examine these issues. en-us Tue, 25 Jun 2013 00:00:00 +0530 Mon, 18 Nov 2024 15:27:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458837 The Tribunal partially allowed the assessee's appeal, affirming eligibility for deduction under Section 80-IB(10) while rejecting the Commissioner's reallocation of indirect administrative expenses. It directed reassessment of interest expenditure allocation based on actual loan utilization and upheld the allocation of depreciation on general assets. The Assessing Officer was instructed to further examine these issues. Case-Laws Income Tax Tue, 25 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458837