https://www.taxtmi.com/caselaws?id=179187 The appeal raised whether profits of an industrial undertaking claiming Chapter VI-A relief had to be computed under sections 29 to 43, including section 40(b) treatment of partner interest or remuneration fixed by the partnership deed, and whether ignoring such payments while claiming section 80IB relief amounted to a colourable device or tax evasion. The HC noted that an identical issue in a prior appeal had not been admitted and, following that view, held that no case was made out for admission of these appeals. The appeals were dismissed at the admission stage. en-us Wed, 11 Oct 2006 00:00:00 +0530 Mon, 22 Feb 2016 17:25:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179187 The appeal raised whether profits of an industrial undertaking claiming Chapter VI-A relief had to be computed under sections 29 to 43, including section 40(b) treatment of partner interest or remuneration fixed by the partnership deed, and whether ignoring such payments while claiming section 80IB relief amounted to a colourable device or tax evasion. The HC noted that an identical issue in a prior appeal had not been admitted and, following that view, held that no case was made out for admission of these appeals. The appeals were dismissed at the admission stage. Case-Laws Income Tax Wed, 11 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179187