https://www.taxtmi.com/caselaws?id=216707 The Court allowed the deduction for wage revision provisions, permitted the interest earned on tax-free bonds between application and allotment, disallowed donations claimed as business expenses, and held that losses of one project could not be set off against profits of other projects under Section 80HHB. The appeals were disposed of accordingly, with decisions favoring the assessee on Questions 1, 2, and 4, and in favor of the revenue on Question 3. en-us Tue, 11 Sep 2012 00:00:00 +0530 Tue, 02 Jul 2013 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216707 The Court allowed the deduction for wage revision provisions, permitted the interest earned on tax-free bonds between application and allotment, disallowed donations claimed as business expenses, and held that losses of one project could not be set off against profits of other projects under Section 80HHB. The appeals were disposed of accordingly, with decisions favoring the assessee on Questions 1, 2, and 4, and in favor of the revenue on Question 3. Case-Laws Income Tax Tue, 11 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216707