High Court Rejects Expense Allocation Method for Section 80-O Deductions; Stresses Accurate Apportionment for Foreign Income. https://www.taxtmi.com/highlights?id=28827 Apportionment of expenses to determine the Foreign Income for the purposes of deduction u/s 80-O - method of apportionment of expenses between domestic business and income from foreign commission is clearly unacceptable - HC en-us Thu, 28 Apr 2016 10:07:28 +0530 Thu, 28 Apr 2016 12:54:07 +0530 TaxTMI RSS Generator High Court Rejects Expense Allocation Method for Section 80-O Deductions; Stresses Accurate Apportionment for Foreign Income. https://www.taxtmi.com/highlights?id=28827 Apportionment of expenses to determine the Foreign Income for the purposes of deduction u/s 80-O - method of apportionment of expenses between domestic business and income from foreign commission is clearly unacceptable - HC Highlights Income Tax Thu, 28 Apr 2016 10:07:28 +0530 https://www.taxtmi.com/highlights?id=28827