https://www.taxtmi.com/caselaws?id=459594 The Court admitted the appeal for detailed examination regarding the eligibility of the Chennai Industrial Undertaking and the Sahibabad Unit for deductions under Section 80IA of the Income Tax Act. However, it dismissed the appeal concerning the valuation of closing stock using the LIFO method and the nexus between investment in dividend-earning shares and borrowed money, finding no substantial legal questions in these matters. en-us Fri, 17 Feb 2012 00:00:00 +0530 Thu, 19 Dec 2024 16:30:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459594 The Court admitted the appeal for detailed examination regarding the eligibility of the Chennai Industrial Undertaking and the Sahibabad Unit for deductions under Section 80IA of the Income Tax Act. However, it dismissed the appeal concerning the valuation of closing stock using the LIFO method and the nexus between investment in dividend-earning shares and borrowed money, finding no substantial legal questions in these matters. Case-Laws Income Tax Fri, 17 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459594