https://www.taxtmi.com/caselaws?id=373307 The High Court ruled in favor of the respondent-assessee, upholding the Income Tax Appellate Tribunal's decision to allow the deduction under Section 80IA for income from sharing fibre cables and cell sites, as well as for cheque bounce charges. The court determined that both types of income were directly linked to the telecommunication business and qualified for the deduction. The appellant's challenges were dismissed, and there was no order as to costs. en-us Mon, 03 Dec 2018 00:00:00 +0530 Sat, 15 Jun 2019 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373307 The High Court ruled in favor of the respondent-assessee, upholding the Income Tax Appellate Tribunal's decision to allow the deduction under Section 80IA for income from sharing fibre cables and cell sites, as well as for cheque bounce charges. The court determined that both types of income were directly linked to the telecommunication business and qualified for the deduction. The appellant's challenges were dismissed, and there was no order as to costs. Case-Laws Income Tax Mon, 03 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373307