https://www.taxtmi.com/caselaws?id=68963 The Tribunal dismissed the revenue's appeal and confirmed the order of the Commissioner (Appeals), holding that the assessee is entitled to a deduction of 20% of the gross profit from the business of printing and publication of books under Section 80QQ. The Tribunal also upheld the treatment of interest payments as revenue expenditure and rejected the apportionment of common expenses between different business sections for the purpose of computing the deduction under Section 80QQ. en-us Tue, 30 Nov 1982 00:00:00 +0530 Mon, 04 Apr 2011 12:19:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68963 The Tribunal dismissed the revenue's appeal and confirmed the order of the Commissioner (Appeals), holding that the assessee is entitled to a deduction of 20% of the gross profit from the business of printing and publication of books under Section 80QQ. The Tribunal also upheld the treatment of interest payments as revenue expenditure and rejected the apportionment of common expenses between different business sections for the purpose of computing the deduction under Section 80QQ. Case-Laws Income Tax Tue, 30 Nov 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68963