https://www.taxtmi.com/caselaws?id=220658 The Tribunal upheld the CIT(A)'s decision, ruling that the disallowed expenditure under section 40(a)(ia) formed part of the firm's gross total income and was eligible for deduction under section 80IB(10) of the Income Tax Act. The Tribunal emphasized the need for the disallowed amount to be derived from the eligible business to support the claim for deduction, ultimately dismissing the Revenue's appeal and affirming the CIT(A)'s reasoned decision. en-us Tue, 30 Oct 2012 00:00:00 +0530 Thu, 31 Jan 2013 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220658 The Tribunal upheld the CIT(A)'s decision, ruling that the disallowed expenditure under section 40(a)(ia) formed part of the firm's gross total income and was eligible for deduction under section 80IB(10) of the Income Tax Act. The Tribunal emphasized the need for the disallowed amount to be derived from the eligible business to support the claim for deduction, ultimately dismissing the Revenue's appeal and affirming the CIT(A)'s reasoned decision. Case-Laws Income Tax Tue, 30 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220658