https://www.taxtmi.com/caselaws?id=182990 The Tribunal directed the Assessing Officer to allow deduction under section 80IB for the entire profit derived from the industrial undertaking, despite disallowance under section 40(a)(ia) for delayed TDS deposit and non-deposit of TDS on commission expenses. The fear of double deduction expressed by the Commissioner was deemed unfounded, as the disallowance of business expenditure increased eligible unit profits, making the assessee eligible for the deduction. en-us Fri, 18 Sep 2009 00:00:00 +0530 Wed, 25 May 2016 16:53:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182990 The Tribunal directed the Assessing Officer to allow deduction under section 80IB for the entire profit derived from the industrial undertaking, despite disallowance under section 40(a)(ia) for delayed TDS deposit and non-deposit of TDS on commission expenses. The fear of double deduction expressed by the Commissioner was deemed unfounded, as the disallowance of business expenditure increased eligible unit profits, making the assessee eligible for the deduction. Case-Laws Income Tax Fri, 18 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182990