https://www.taxtmi.com/caselaws?id=214733 The ITAT upheld the CIT(A)'s decision, affirming that the assessee is entitled to deduction under Section 80IB(10) on the amount disallowed under Section 40(a)(ia). The ITAT dismissed the Revenue's appeal, reiterating that any disallowance of expenditure related to the eligible business results in an enhancement of the deduction allowable under Section 80IB(10). The appeal was dismissed in its entirety, with no other pleas or arguments presented. en-us Thu, 28 Jun 2012 00:00:00 +0530 Thu, 12 Jul 2012 14:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214733 The ITAT upheld the CIT(A)'s decision, affirming that the assessee is entitled to deduction under Section 80IB(10) on the amount disallowed under Section 40(a)(ia). The ITAT dismissed the Revenue's appeal, reiterating that any disallowance of expenditure related to the eligible business results in an enhancement of the deduction allowable under Section 80IB(10). The appeal was dismissed in its entirety, with no other pleas or arguments presented. Case-Laws Income Tax Thu, 28 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214733