https://www.taxtmi.com/caselaws?id=195697 The Tribunal upheld the decisions of the ld. CIT(A) in both issues, dismissing the appeal of the Revenue on 27.2.2013. The disallowance of deduction under section 80IC on capital introduced by partners and interest on unsecured loans was rejected, emphasizing the lack of necessity for interest payment on capital contribution and unsecured loans to increase profits under Section 80IA(10). en-us Wed, 27 Feb 2013 00:00:00 +0530 Wed, 08 Nov 2017 12:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195697 The Tribunal upheld the decisions of the ld. CIT(A) in both issues, dismissing the appeal of the Revenue on 27.2.2013. The disallowance of deduction under section 80IC on capital introduced by partners and interest on unsecured loans was rejected, emphasizing the lack of necessity for interest payment on capital contribution and unsecured loans to increase profits under Section 80IA(10). Case-Laws Income Tax Wed, 27 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195697