https://www.taxtmi.com/caselaws?id=356108 A revisional order under section 263 was held unsustainable where the connected controversy had already been examined on merits and the challenge to that order was rejected only on limitation; the limitation-based dismissal was set aside. On deduction under section 80-IA(4)(iv)(c), receipts directly linked to the electricity distribution business, including reimbursements, recoveries, rebates and business-connected fixed deposit interest, were treated as eligible, while miscellaneous employee recoveries, asset-value differences, collection commission and standalone rental income were not. The appeals were partly allowed, with relief confined to the issue-wise conclusions reached on each receipt. en-us Fri, 09 Feb 2018 00:00:00 +0530 Fri, 15 Jun 2018 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356108 A revisional order under section 263 was held unsustainable where the connected controversy had already been examined on merits and the challenge to that order was rejected only on limitation; the limitation-based dismissal was set aside. On deduction under section 80-IA(4)(iv)(c), receipts directly linked to the electricity distribution business, including reimbursements, recoveries, rebates and business-connected fixed deposit interest, were treated as eligible, while miscellaneous employee recoveries, asset-value differences, collection commission and standalone rental income were not. The appeals were partly allowed, with relief confined to the issue-wise conclusions reached on each receipt. Case-Laws Income Tax Fri, 09 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356108