https://www.taxtmi.com/caselaws?id=71621 The departmental appeal was withdrawn, resulting in its dismissal. The only surviving objection in the cross objection related to the exclusion of income from interest and dividend for computing deductions under sections 80HHA and 80-I. The Tribunal ruled that a cross objection is akin to an appeal and can be adjudicated even if the main appeal is withdrawn. Income from fixed deposits made for commercial expediency was considered eligible for deduction under sections 80-HHA and 80-I, with the issue referred back for further examination. The Revenue's appeal was dismissed, and the cross-objection was partially allowed for statistical purposes. en-us Wed, 06 Dec 2000 00:00:00 +0530 Tue, 26 Apr 2011 11:21:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71621 The departmental appeal was withdrawn, resulting in its dismissal. The only surviving objection in the cross objection related to the exclusion of income from interest and dividend for computing deductions under sections 80HHA and 80-I. The Tribunal ruled that a cross objection is akin to an appeal and can be adjudicated even if the main appeal is withdrawn. Income from fixed deposits made for commercial expediency was considered eligible for deduction under sections 80-HHA and 80-I, with the issue referred back for further examination. The Revenue's appeal was dismissed, and the cross-objection was partially allowed for statistical purposes. Case-Laws Income Tax Wed, 06 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71621