https://www.taxtmi.com/caselaws?id=192492 The High Court upheld the revenue's position on deductions under sections 80I, 80HH, and 80IA of the Income Tax Act, pending the Supreme Court's decision. Emphasizing the importance of following precedents for consistency, the court ruled in favor of the revenue based on statutory interpretation and adherence to previous court decisions. The issue of maintaining separate books of accounts, although raised, did not influence the court's decision, which primarily focused on statutory interpretation and the need for uniformity in legal decisions. en-us Wed, 08 Feb 2017 00:00:00 +0530 Sat, 03 Jun 2017 09:54:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192492 The High Court upheld the revenue's position on deductions under sections 80I, 80HH, and 80IA of the Income Tax Act, pending the Supreme Court's decision. Emphasizing the importance of following precedents for consistency, the court ruled in favor of the revenue based on statutory interpretation and adherence to previous court decisions. The issue of maintaining separate books of accounts, although raised, did not influence the court's decision, which primarily focused on statutory interpretation and the need for uniformity in legal decisions. Case-Laws Income Tax Wed, 08 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192492