https://www.taxtmi.com/caselaws?id=9734 The Court ruled in favor of the assessee, holding that the Department cannot restrict the allowance to deductions under the remaining two parameters of section 44C if one parameter fails. The Court emphasized that when one parameter is not applicable, the entire section becomes non-workable, entitling the assessee to full deduction under section 37(1) of the Act. en-us Thu, 24 Jul 2003 00:00:00 +0530 Tue, 30 Jun 2009 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9734 The Court ruled in favor of the assessee, holding that the Department cannot restrict the allowance to deductions under the remaining two parameters of section 44C if one parameter fails. The Court emphasized that when one parameter is not applicable, the entire section becomes non-workable, entitling the assessee to full deduction under section 37(1) of the Act. Case-Laws Income Tax Thu, 24 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9734