https://www.taxtmi.com/highlights?id=48701 Deduction u/s 80IB (7)(a) - assessee failed to establish that the saloon business was the part and parcel of the core activity of the hotel business - There must be, for the application of the word "derived from", a direct nexus between profits and gains and the industrial undertakings - Additions confirmed. en-us Fri, 16 Aug 2019 15:38:22 +0530 Fri, 16 Aug 2019 15:38:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48701 Deduction u/s 80IB (7)(a) - assessee failed to establish that the saloon business was the part and parcel of the core activity of the hotel business - There must be, for the application of the word "derived from", a direct nexus between profits and gains and the industrial undertakings - Additions confirmed. Highlights Income Tax Fri, 16 Aug 2019 15:38:22 +0530 https://www.taxtmi.com/highlights?id=48701