https://www.taxtmi.com/caselaws?id=345623 The High Court upheld the Tribunal's decision, allowing deductions under Sections 80-I and 80-IA of the Income Tax Act for the assessment year 1994-95. The Court found the Assessing Officer and Commissioner of Income Tax (Appeals) erred in denying the deductions, as relevant amendments were not considered. The Court affirmed that the assessee fulfilled all conditions for the deductions, dismissing the appeal for lack of merit. The judgment emphasized the importance of considering amended provisions and meeting necessary conditions for claiming deductions under the specified sections of the Act. en-us Wed, 05 Jul 2017 00:00:00 +0530 Sat, 22 Jul 2017 08:26:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345623 The High Court upheld the Tribunal's decision, allowing deductions under Sections 80-I and 80-IA of the Income Tax Act for the assessment year 1994-95. The Court found the Assessing Officer and Commissioner of Income Tax (Appeals) erred in denying the deductions, as relevant amendments were not considered. The Court affirmed that the assessee fulfilled all conditions for the deductions, dismissing the appeal for lack of merit. The judgment emphasized the importance of considering amended provisions and meeting necessary conditions for claiming deductions under the specified sections of the Act. Case-Laws Income Tax Wed, 05 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345623