https://www.taxtmi.com/caselaws?id=70300 The Tribunal allowed the miscellaneous petition, rectifying the order by addressing the non-consideration of an additional ground raised by the assessee. It was found that deductions under Section 32AB should precede deductions under Sections 80HH and 80-I. Additionally, common expenses must be allocated proportionately to each industrial undertaking for computing eligible profits under Sections 80HH and 80-I, in line with relevant court judgments. en-us Wed, 02 Jun 2004 00:00:00 +0530 Fri, 15 Apr 2011 13:17:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70300 The Tribunal allowed the miscellaneous petition, rectifying the order by addressing the non-consideration of an additional ground raised by the assessee. It was found that deductions under Section 32AB should precede deductions under Sections 80HH and 80-I. Additionally, common expenses must be allocated proportionately to each industrial undertaking for computing eligible profits under Sections 80HH and 80-I, in line with relevant court judgments. Case-Laws Income Tax Wed, 02 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70300