https://www.taxtmi.com/caselaws?id=215148 The Tribunal upheld the validity of the re-assessment proceedings initiated under Section 147. However, it ruled in favor of the assessee regarding the computation of deduction under Section 80HHE, stating that only the profits and turnover of the eligible computer software business should be considered, excluding unrelated business activities and non-operational income. The assessee's appeals were partly allowed. en-us Fri, 30 Mar 2012 00:00:00 +0530 Thu, 14 Apr 2016 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215148 The Tribunal upheld the validity of the re-assessment proceedings initiated under Section 147. However, it ruled in favor of the assessee regarding the computation of deduction under Section 80HHE, stating that only the profits and turnover of the eligible computer software business should be considered, excluding unrelated business activities and non-operational income. The assessee's appeals were partly allowed. Case-Laws Income Tax Fri, 30 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215148