https://www.taxtmi.com/caselaws?id=235846 The High Court upheld the decision of the Tribunal regarding the disallowance of labour expenses under Section 40(a)(ia) of the Income Tax Act but emphasized the need for fresh consideration on the deduction issue under Section 80-IB(10). The Court clarified that the deduction for disallowed expenses would only apply if the assessee successfully establishes the Section 80-IB(10) claim. Additionally, the Court dismissed the appeal concerning the disallowance of business profit deduction under Section 80-IB of the Income Tax Act, stating that the deduction should be separately established from the disallowed expenses. en-us Wed, 16 Jan 2013 00:00:00 +0530 Tue, 06 Aug 2013 17:44:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235846 The High Court upheld the decision of the Tribunal regarding the disallowance of labour expenses under Section 40(a)(ia) of the Income Tax Act but emphasized the need for fresh consideration on the deduction issue under Section 80-IB(10). The Court clarified that the deduction for disallowed expenses would only apply if the assessee successfully establishes the Section 80-IB(10) claim. Additionally, the Court dismissed the appeal concerning the disallowance of business profit deduction under Section 80-IB of the Income Tax Act, stating that the deduction should be separately established from the disallowed expenses. Case-Laws Income Tax Wed, 16 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235846