https://www.taxtmi.com/caselaws?id=335002 The court allowed the appeal, ruling in favor of the assessee regarding the deduction under Section 32AB. It held that the deduction should be based on the profits of Patel Detergents (Manufacturing Division) for the assessment year 1988-89. The court set aside the ITAT's decision and restored the original assessment order without costs. en-us Mon, 07 Nov 2016 00:00:00 +0530 Tue, 01 Aug 2017 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335002 The court allowed the appeal, ruling in favor of the assessee regarding the deduction under Section 32AB. It held that the deduction should be based on the profits of Patel Detergents (Manufacturing Division) for the assessment year 1988-89. The court set aside the ITAT's decision and restored the original assessment order without costs. Case-Laws Income Tax Mon, 07 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335002