https://www.taxtmi.com/caselaws?id=253827 The Court dismissed the appeal, emphasizing that net income, not gross income, should be excluded for transport income under Sections 80I and 80HH of the IT Act. The decision aligned with the principle of excluding net profit for deductions, as established in previous judgments and legal interpretations, overturning the Tribunal's ruling. en-us Mon, 27 Jan 2014 00:00:00 +0530 Thu, 04 Dec 2014 15:34:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253827 The Court dismissed the appeal, emphasizing that net income, not gross income, should be excluded for transport income under Sections 80I and 80HH of the IT Act. The decision aligned with the principle of excluding net profit for deductions, as established in previous judgments and legal interpretations, overturning the Tribunal's ruling. Case-Laws Income Tax Mon, 27 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253827