https://www.taxtmi.com/caselaws?id=283417 The Tribunal recalled the order denying the claim of deduction under section 80-IA of the Income Tax Act, finding it was based on a misconception of the assessee's business activities. The Tribunal decided to reevaluate the claim in accordance with the law, emphasizing the importance of a correct interpretation of facts and legal provisions in determining eligibility for deductions. This decision underscores the significance of ensuring judgments are grounded in a proper understanding of business activities and compliance with legal requirements. en-us Thu, 27 Sep 2018 00:00:00 +0530 Sat, 21 Sep 2019 17:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283417 The Tribunal recalled the order denying the claim of deduction under section 80-IA of the Income Tax Act, finding it was based on a misconception of the assessee's business activities. The Tribunal decided to reevaluate the claim in accordance with the law, emphasizing the importance of a correct interpretation of facts and legal provisions in determining eligibility for deductions. This decision underscores the significance of ensuring judgments are grounded in a proper understanding of business activities and compliance with legal requirements. Case-Laws Income Tax Thu, 27 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283417