https://www.taxtmi.com/caselaws?id=181366 The High Court upheld the Tribunal's decision, emphasizing that only profits directly derived from the industrial undertaking's business activities are eligible for deduction under Section 80-IA of the Income Tax Act, 1961. The Court found no substantive question of law and dismissed the appeals, affirming that profits from trading activities are not eligible for deduction under Section 80-IA. en-us Tue, 31 Jul 2007 00:00:00 +0530 Thu, 14 Apr 2016 18:06:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181366 The High Court upheld the Tribunal's decision, emphasizing that only profits directly derived from the industrial undertaking's business activities are eligible for deduction under Section 80-IA of the Income Tax Act, 1961. The Court found no substantive question of law and dismissed the appeals, affirming that profits from trading activities are not eligible for deduction under Section 80-IA. Case-Laws Income Tax Tue, 31 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181366