https://www.taxtmi.com/caselaws?id=255505 The Court upheld the judgment allowing deductions under sections 80HHC and 80IA on gross total income inclusive of income from other sources. It dismissed the appeal, finding no substantial question of law and justifying the Tribunal's decision based on a previous Supreme Court ruling. The Court also ruled that depreciation not claimed cannot be allowed as a deduction despite the concept of block assets, ultimately favoring the assessee and dismissing the Tax Appeal. en-us Wed, 17 Dec 2014 00:00:00 +0530 Mon, 19 Jan 2015 08:21:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255505 The Court upheld the judgment allowing deductions under sections 80HHC and 80IA on gross total income inclusive of income from other sources. It dismissed the appeal, finding no substantial question of law and justifying the Tribunal's decision based on a previous Supreme Court ruling. The Court also ruled that depreciation not claimed cannot be allowed as a deduction despite the concept of block assets, ultimately favoring the assessee and dismissing the Tax Appeal. Case-Laws Income Tax Wed, 17 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255505