https://www.taxtmi.com/forum/issue?id=587 Deductions are confined to income of the eligible business; income from non qualifying trading activities does not qualify. The assessing officer may calculate and apportion profits of the eligible business and exclude income attributable to ineligible activities when determining the allowable deduction. en-us Tue, 27 Nov 2007 14:40:28 +0530 Thu, 23 Jan 2025 15:58:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=587 Deductions are confined to income of the eligible business; income from non qualifying trading activities does not qualify. The assessing officer may calculate and apportion profits of the eligible business and exclude income attributable to ineligible activities when determining the allowable deduction. Discussion-Forum Service Tax Tue, 27 Nov 2007 14:40:28 +0530 https://www.taxtmi.com/forum/issue?id=587