https://www.taxtmi.com/caselaws?id=181333 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and allowing deductions under Sections 80P(2)(a)(i) and 80P(2)(c) for disallowed commission payments and MSEB commission income. It was established that disallowances under Section 40(a)(ia) increase business income eligible for deductions under Section 80P, as supported by relevant court precedents. en-us Fri, 30 May 2014 00:00:00 +0530 Wed, 13 Apr 2016 18:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181333 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and allowing deductions under Sections 80P(2)(a)(i) and 80P(2)(c) for disallowed commission payments and MSEB commission income. It was established that disallowances under Section 40(a)(ia) increase business income eligible for deductions under Section 80P, as supported by relevant court precedents. Case-Laws Income Tax Fri, 30 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181333