https://www.taxtmi.com/caselaws?id=202619 The Tribunal held that the disallowance under section 40A(3) does not impact deductions under sections 80-IA and 80HHC. It found errors in the Assessing Officer and Commissioner of Income-tax (Appeals) orders, emphasizing that the disallowance does not change the nature of income for deduction purposes. The Tribunal allowed the appeal, stating that the disallowed amount should not affect the computation of relief under section 80-IA. It rejected the reliance on a different case by the Commissioner of Income-tax (Appeals) and clarified the correct application of legal provisions in this context. en-us Thu, 09 Apr 2009 00:00:00 +0530 Thu, 13 Jun 2013 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202619 The Tribunal held that the disallowance under section 40A(3) does not impact deductions under sections 80-IA and 80HHC. It found errors in the Assessing Officer and Commissioner of Income-tax (Appeals) orders, emphasizing that the disallowance does not change the nature of income for deduction purposes. The Tribunal allowed the appeal, stating that the disallowed amount should not affect the computation of relief under section 80-IA. It rejected the reliance on a different case by the Commissioner of Income-tax (Appeals) and clarified the correct application of legal provisions in this context. Case-Laws Income Tax Thu, 09 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202619