https://www.taxtmi.com/caselaws?id=65371 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decisions regarding deductions under Sections 80-IA and 80HHC. It upheld that units should be treated independently for Section 80-IA deductions, with proportional allocation of head office expenses and no adjustment of brought forward losses. For Section 80HHC, the Tribunal supported excluding excise duty from total turnover and excluding share business losses, aligning with relevant High Court judgments. en-us Fri, 25 Nov 2005 00:00:00 +0530 Thu, 04 Apr 2024 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65371 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decisions regarding deductions under Sections 80-IA and 80HHC. It upheld that units should be treated independently for Section 80-IA deductions, with proportional allocation of head office expenses and no adjustment of brought forward losses. For Section 80HHC, the Tribunal supported excluding excise duty from total turnover and excluding share business losses, aligning with relevant High Court judgments. Case-Laws Income Tax Fri, 25 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65371