https://www.taxtmi.com/caselaws?id=269321 The Court ruled in favor of the revenue, holding that losses from other industrial units should be adjusted when calculating deductions under Sections 80HH and 80I of the Income Tax Act, 1961. The Court found that previous judgments relied upon did not consider relevant statutory provisions, ultimately allowing the revenue's appeal and answering the substantial question of law in their favor. en-us Thu, 24 Sep 2015 00:00:00 +0530 Sat, 12 Dec 2015 13:09:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269321 The Court ruled in favor of the revenue, holding that losses from other industrial units should be adjusted when calculating deductions under Sections 80HH and 80I of the Income Tax Act, 1961. The Court found that previous judgments relied upon did not consider relevant statutory provisions, ultimately allowing the revenue's appeal and answering the substantial question of law in their favor. Case-Laws Income Tax Thu, 24 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269321