https://www.taxtmi.com/caselaws?id=66907 The Tribunal found the revenue's appeal maintainable despite the certificate issued under the Kar Vivad Samadhan Scheme (KVSS). It upheld the CIT(A)'s direction on deductions under sections 80HH and 80-I, but required the Assessing Officer to establish the nexus for netting interest income. The Tribunal also affirmed the CIT(A)'s direction to allow deduction under section 80-I on the gross total income before deduction under section 80HH, citing a Supreme Court precedent. The appeal was partly allowed with specific instructions for further assessment. en-us Mon, 10 Jan 2000 00:00:00 +0530 Tue, 08 Mar 2011 11:05:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66907 The Tribunal found the revenue's appeal maintainable despite the certificate issued under the Kar Vivad Samadhan Scheme (KVSS). It upheld the CIT(A)'s direction on deductions under sections 80HH and 80-I, but required the Assessing Officer to establish the nexus for netting interest income. The Tribunal also affirmed the CIT(A)'s direction to allow deduction under section 80-I on the gross total income before deduction under section 80HH, citing a Supreme Court precedent. The appeal was partly allowed with specific instructions for further assessment. Case-Laws Income Tax Mon, 10 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66907