https://www.taxtmi.com/caselaws?id=272870 The appeal addressed the entitlement to claim deductions under sections 80IC and 80IA of the Income Tax Act without filing revised returns. The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision, allowing the deductions and emphasizing the authority's power to admit claims not included in the return. Additionally, the Tribunal ruled in favor of the assessee regarding setting off losses from one unit against the profit of another unit under section 80IA, stating that deductions should be unit-wise without adjusting losses from other units. en-us Fri, 15 Sep 2017 00:00:00 +0530 Tue, 22 May 2018 07:36:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272870 The appeal addressed the entitlement to claim deductions under sections 80IC and 80IA of the Income Tax Act without filing revised returns. The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision, allowing the deductions and emphasizing the authority's power to admit claims not included in the return. Additionally, the Tribunal ruled in favor of the assessee regarding setting off losses from one unit against the profit of another unit under section 80IA, stating that deductions should be unit-wise without adjusting losses from other units. Case-Laws Income Tax Fri, 15 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272870