https://www.taxtmi.com/caselaws?id=65504 The court held that the advertisement income derived from the maintenance of public toilets did not qualify for deduction under Section 80-IA as it was not directly derived from the infrastructure facility. Additionally, the court upheld the addition under Section 41(1) for the waiver of interest, as the principal amount was not waived as per the scheme's terms. The court emphasized the need for income to be directly derived from the eligible business activity for deductions under Section 80-IA and proper allocation of settlement amounts under Section 41(1) based on the terms of the scheme. en-us Fri, 28 Nov 2008 00:00:00 +0530 Mon, 06 Aug 2012 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65504 The court held that the advertisement income derived from the maintenance of public toilets did not qualify for deduction under Section 80-IA as it was not directly derived from the infrastructure facility. Additionally, the court upheld the addition under Section 41(1) for the waiver of interest, as the principal amount was not waived as per the scheme's terms. The court emphasized the need for income to be directly derived from the eligible business activity for deductions under Section 80-IA and proper allocation of settlement amounts under Section 41(1) based on the terms of the scheme. Case-Laws Income Tax Fri, 28 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65504