https://www.taxtmi.com/caselaws?id=220602 The Tribunal partly allowed the assessee's appeals and dismissed the Revenue's appeal. It directed the Assessing Officer to recompute the deduction under section 80-IA without considering notional brought forward losses and to delete the disallowance under section 40(a)(ia) for the amount paid before the year-end. The deletion of the addition of Rs. 12,51,660/- and the restriction of disallowance to Rs. 50,000/- were upheld. en-us Mon, 31 Dec 2012 00:00:00 +0530 Thu, 31 Jan 2013 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220602 The Tribunal partly allowed the assessee's appeals and dismissed the Revenue's appeal. It directed the Assessing Officer to recompute the deduction under section 80-IA without considering notional brought forward losses and to delete the disallowance under section 40(a)(ia) for the amount paid before the year-end. The deletion of the addition of Rs. 12,51,660/- and the restriction of disallowance to Rs. 50,000/- were upheld. Case-Laws Income Tax Mon, 31 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220602