https://www.taxtmi.com/caselaws?id=188805 The High Court upheld the Tribunal's decision, ruling in favor of the assessee regarding entitlement to relief under section 80-I for managing agency commission and calculation of relief with reference to profits from the priority industry. The Court affirmed that managing agency commission should not be deducted when computing profits for the purpose of section 80-I, aligning with Supreme Court precedents. The Tribunal's conclusion on additional deduction under section 80-I was deemed reasonable and in accordance with the law. en-us Thu, 25 Jan 1990 00:00:00 +0530 Sat, 17 Dec 2016 11:19:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188805 The High Court upheld the Tribunal's decision, ruling in favor of the assessee regarding entitlement to relief under section 80-I for managing agency commission and calculation of relief with reference to profits from the priority industry. The Court affirmed that managing agency commission should not be deducted when computing profits for the purpose of section 80-I, aligning with Supreme Court precedents. The Tribunal's conclusion on additional deduction under section 80-I was deemed reasonable and in accordance with the law. Case-Laws Income Tax Thu, 25 Jan 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188805