https://www.taxtmi.com/caselaws?id=384435 The High Court considered various issues related to income tax deductions under sections 80IB / 80IC of the Income Tax Act. It analyzed the inclusion of other income, deletion of apportionment of depreciation and expenses, justifiability of deductions, disallowance of certain amounts, and adjustment of interest charges. The Court clarified certain matters based on previous Supreme Court decisions and directed the listing of appeals for a hearing. The judgment provided guidance on interpreting provisions of the Income Tax Act concerning industrial undertakings and expenses for deductions. en-us Wed, 07 Aug 2019 00:00:00 +0530 Mon, 12 Aug 2019 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384435 The High Court considered various issues related to income tax deductions under sections 80IB / 80IC of the Income Tax Act. It analyzed the inclusion of other income, deletion of apportionment of depreciation and expenses, justifiability of deductions, disallowance of certain amounts, and adjustment of interest charges. The Court clarified certain matters based on previous Supreme Court decisions and directed the listing of appeals for a hearing. The judgment provided guidance on interpreting provisions of the Income Tax Act concerning industrial undertakings and expenses for deductions. Case-Laws Income Tax Wed, 07 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384435