https://www.taxtmi.com/caselaws?id=120065 The Tribunal upheld the decision of the lower authorities, ruling that the assessee was not eligible for deductions under section 80-IA for the relevant assessment years. This was due to the fact that the gross total income turned negative after offsetting the losses from one unit against the profits of another, in accordance with statutory provisions. Consequently, both appeals by the assessee were dismissed. en-us Fri, 28 Jul 2006 00:00:00 +0530 Tue, 31 Jul 2012 23:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120065 The Tribunal upheld the decision of the lower authorities, ruling that the assessee was not eligible for deductions under section 80-IA for the relevant assessment years. This was due to the fact that the gross total income turned negative after offsetting the losses from one unit against the profits of another, in accordance with statutory provisions. Consequently, both appeals by the assessee were dismissed. Case-Laws Income Tax Fri, 28 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120065