https://www.taxtmi.com/highlights?id=2982 Tribunal went wrong in allowing deduction under section 80HH and Section 80-I from the gross total income before granting deduction under section 35(2) of the Act, deduction under Section 35(2) has to be first allowed in the computation of business income as a whole and thereafter deduction under Section 80HH and Section 80-I have to be granted only from the net income attributable to the eligible industrial unit - HC en-us Tue, 21 Feb 2012 10:30:20 +0530 Tue, 21 Feb 2012 10:30:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=2982 Tribunal went wrong in allowing deduction under section 80HH and Section 80-I from the gross total income before granting deduction under section 35(2) of the Act, deduction under Section 35(2) has to be first allowed in the computation of business income as a whole and thereafter deduction under Section 80HH and Section 80-I have to be granted only from the net income attributable to the eligible industrial unit - HC Highlights Income Tax Tue, 21 Feb 2012 10:30:20 +0530 https://www.taxtmi.com/highlights?id=2982