https://www.taxtmi.com/caselaws?id=775955 The ITAT upheld the CIT(A)'s decision disallowing the deduction under section 80IB for income from excess provisions written back and late payment surcharges, finding no direct nexus with the assessee's power generation business. Following precedent from the assessee's earlier cases, the tribunal found no infirmity in the CIT(A)'s ruling and declined to interfere. The appeal was dismissed. en-us Thu, 31 Jul 2025 00:00:00 +0530 Sat, 02 Aug 2025 07:24:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775955 The ITAT upheld the CIT(A)'s decision disallowing the deduction under section 80IB for income from excess provisions written back and late payment surcharges, finding no direct nexus with the assessee's power generation business. Following precedent from the assessee's earlier cases, the tribunal found no infirmity in the CIT(A)'s ruling and declined to interfere. The appeal was dismissed. Case-Laws Income Tax Thu, 31 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775955