https://www.taxtmi.com/caselaws?id=60030 The Tribunal upheld the CIT(A)'s decision to allow the assessee's claim of deduction u/s 80-IB, emphasizing that the subsidies were directly related to the business activities. The Tribunal dismissed the Revenue's appeal, finding no contravention of r. 46A in admitting new material and deleting additions on account of undervaluation of stock. en-us Thu, 31 Jan 2008 00:00:00 +0530 Mon, 03 Jan 2011 13:29:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60030 The Tribunal upheld the CIT(A)'s decision to allow the assessee's claim of deduction u/s 80-IB, emphasizing that the subsidies were directly related to the business activities. The Tribunal dismissed the Revenue's appeal, finding no contravention of r. 46A in admitting new material and deleting additions on account of undervaluation of stock. Case-Laws Income Tax Thu, 31 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60030