https://www.taxtmi.com/caselaws?id=258801 The High Court of Bombay upheld the Tribunal's decision in a case involving disputes over revenue allocation and deductions under section 80IB(10). The Court emphasized the correct interpretation of the AOP agreement, upheld the eligibility for deduction under section 80IB(10), and noted the incorrect invocation of power under section 263. The judgment clarified legal principles on revenue allocation, deduction claims, and the jurisdiction of tax authorities in such matters. en-us Thu, 09 Apr 2015 00:00:00 +0530 Tue, 11 Aug 2015 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258801 The High Court of Bombay upheld the Tribunal's decision in a case involving disputes over revenue allocation and deductions under section 80IB(10). The Court emphasized the correct interpretation of the AOP agreement, upheld the eligibility for deduction under section 80IB(10), and noted the incorrect invocation of power under section 263. The judgment clarified legal principles on revenue allocation, deduction claims, and the jurisdiction of tax authorities in such matters. Case-Laws Income Tax Thu, 09 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258801