https://www.taxtmi.com/caselaws?id=119262 In amalgamation cases, carry forward of unabsorbed investment allowance remains governed by section 32A and is confined to the balance unexpired period within the statutory eight-year ceiling from the original eligible year, so a fresh eight-year period is not available to the amalgamated company. Where common head office and non-manufacturing branch expenses cannot be reliably linked to specific units, turnover-based apportionment is an accepted method for deductions under sections 80HH, 80-I and 80-IA. For section 80HHC, excise duty and sales tax are excluded from total turnover because they are statutory levies without profit content. Interest disallowance on advances to a sister concern may be sustained where no fresh factual or legal basis justifies departure from earlier relief. en-us Wed, 05 Sep 2007 00:00:00 +0530 Tue, 10 Jul 2012 10:20:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119262 In amalgamation cases, carry forward of unabsorbed investment allowance remains governed by section 32A and is confined to the balance unexpired period within the statutory eight-year ceiling from the original eligible year, so a fresh eight-year period is not available to the amalgamated company. Where common head office and non-manufacturing branch expenses cannot be reliably linked to specific units, turnover-based apportionment is an accepted method for deductions under sections 80HH, 80-I and 80-IA. For section 80HHC, excise duty and sales tax are excluded from total turnover because they are statutory levies without profit content. Interest disallowance on advances to a sister concern may be sustained where no fresh factual or legal basis justifies departure from earlier relief. Case-Laws Income Tax Wed, 05 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119262