https://www.taxtmi.com/caselaws?id=271869 The High Court dismissed the appeal, emphasizing the importance of maintaining separate books of accounts for different units to accurately claim deductions under the Income Tax Act. The judgment highlighted the significance of compliance with statutory requirements for claiming tax benefits, stating that an Assessee maintaining consolidated books of accounts for multiple units cannot claim deductions under Section 80-IA without separate accounts. en-us Tue, 02 Feb 2016 00:00:00 +0530 Fri, 19 Feb 2016 06:32:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271869 The High Court dismissed the appeal, emphasizing the importance of maintaining separate books of accounts for different units to accurately claim deductions under the Income Tax Act. The judgment highlighted the significance of compliance with statutory requirements for claiming tax benefits, stating that an Assessee maintaining consolidated books of accounts for multiple units cannot claim deductions under Section 80-IA without separate accounts. Case-Laws Income Tax Tue, 02 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271869