https://www.taxtmi.com/caselaws?id=265473 The High Court of Bombay admitted the appeals to consider the substantial question of law concerning the claim of deduction under Section 80IB(10) on a pro rata basis. The issue revolved around whether the Income Tax Appellate Tribunal was correct in directing the Assessing Officer to allow such deduction despite the absence of explicit provisions for proportionate deduction. The Court ordered the Registrar to retrieve the original record from the Tribunal for review and instructed the preparation of a comprehensive paper book in accordance with the Rules, with the assessee waiving service in this regard. en-us Thu, 09 Apr 2015 00:00:00 +0530 Mon, 12 Oct 2015 06:12:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265473 The High Court of Bombay admitted the appeals to consider the substantial question of law concerning the claim of deduction under Section 80IB(10) on a pro rata basis. The issue revolved around whether the Income Tax Appellate Tribunal was correct in directing the Assessing Officer to allow such deduction despite the absence of explicit provisions for proportionate deduction. The Court ordered the Registrar to retrieve the original record from the Tribunal for review and instructed the preparation of a comprehensive paper book in accordance with the Rules, with the assessee waiving service in this regard. Case-Laws Income Tax Thu, 09 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265473