https://www.taxtmi.com/caselaws?id=185429 The High Court dismissed the Revenue's appeal after addressing the issues raised, including the Appellate Tribunal's incorrect reliance on a previous order without verifying the issue's nature and failure to consider relevant judgments. Despite being inclined to rule in favor of the Revenue on the first two issues, the Court ultimately dismissed the appeal based on the entitlement to deduction under section 80-IA without setting off losses/unabsorbed depreciation, in line with previous legal interpretations supporting the assessee's entitlement to such deduction. en-us Tue, 29 Sep 2015 00:00:00 +0530 Fri, 12 Aug 2016 12:29:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185429 The High Court dismissed the Revenue's appeal after addressing the issues raised, including the Appellate Tribunal's incorrect reliance on a previous order without verifying the issue's nature and failure to consider relevant judgments. Despite being inclined to rule in favor of the Revenue on the first two issues, the Court ultimately dismissed the appeal based on the entitlement to deduction under section 80-IA without setting off losses/unabsorbed depreciation, in line with previous legal interpretations supporting the assessee's entitlement to such deduction. Case-Laws Income Tax Tue, 29 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185429