https://www.taxtmi.com/caselaws?id=181340 The court upheld the ITAT's decision in a case concerning the interpretation of Section 80-IC of the Income Tax Act, 1961. It ruled that no deduction could be made from eligible profits due to the 'brand' and rejected the Revenue's arguments on profit allocation between eligible and non-eligible units. The court also dismissed the appeal regarding the inclusion of branch offices and head office for deduction under Section 80-IC, emphasizing that income-generating activities were solely conducted at the Haridwar unit, with no evidence of income generation from other locations. en-us Tue, 20 Oct 2015 00:00:00 +0530 Wed, 13 Apr 2016 18:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181340 The court upheld the ITAT's decision in a case concerning the interpretation of Section 80-IC of the Income Tax Act, 1961. It ruled that no deduction could be made from eligible profits due to the 'brand' and rejected the Revenue's arguments on profit allocation between eligible and non-eligible units. The court also dismissed the appeal regarding the inclusion of branch offices and head office for deduction under Section 80-IC, emphasizing that income-generating activities were solely conducted at the Haridwar unit, with no evidence of income generation from other locations. Case-Laws Income Tax Tue, 20 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181340