https://www.taxtmi.com/caselaws?id=186006 The tribunal partly allowed one appeal involving the condonation of delay in filing under section 154 of the Act, while dismissing another appeal concerning denial of deduction on interest income and disallowed amounts under sections 80IB(10) and 40(a)(ia). It upheld the assessing officer's decision on interest income, stating it did not qualify as profits under section 80IB(10), and allowed deductions on disallowed amounts under section 40(a)(ia) related to the business activity of the assessee. The judgment was pronounced on 22nd November 2010. en-us Mon, 22 Nov 2010 00:00:00 +0530 Mon, 05 Sep 2016 16:44:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186006 The tribunal partly allowed one appeal involving the condonation of delay in filing under section 154 of the Act, while dismissing another appeal concerning denial of deduction on interest income and disallowed amounts under sections 80IB(10) and 40(a)(ia). It upheld the assessing officer's decision on interest income, stating it did not qualify as profits under section 80IB(10), and allowed deductions on disallowed amounts under section 40(a)(ia) related to the business activity of the assessee. The judgment was pronounced on 22nd November 2010. Case-Laws Income Tax Mon, 22 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186006