https://www.taxtmi.com/caselaws?id=124775 The appeal was filed by the revenue against the Income Tax Appellate Tribunal's order for the assessment year 2004-05. The issue was whether the deduction under Section 80IB should be reduced from business profits when computing the deduction under Section 80HHC. The Tribunal allowed the appeal, following established legal principles that deductions under different sections can be claimed independently on the gross total income. This decision was consistent with previous judgments and the dismissal of challenges in higher courts. Consequently, the tax case appeal was dismissed in line with the precedent set by the Division Bench judgment. en-us Tue, 27 Oct 2009 00:00:00 +0530 Wed, 29 Oct 2014 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124775 The appeal was filed by the revenue against the Income Tax Appellate Tribunal's order for the assessment year 2004-05. The issue was whether the deduction under Section 80IB should be reduced from business profits when computing the deduction under Section 80HHC. The Tribunal allowed the appeal, following established legal principles that deductions under different sections can be claimed independently on the gross total income. This decision was consistent with previous judgments and the dismissal of challenges in higher courts. Consequently, the tax case appeal was dismissed in line with the precedent set by the Division Bench judgment. Case-Laws Income Tax Tue, 27 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124775