https://www.taxtmi.com/caselaws?id=287469 The Tribunal upheld the disallowance under section 40(a)(i) of the Income-tax Act but directed the Assessing Officer to provide relief under section 10AA on the increased profits. The decision was based on the principle that disallowances enhancing eligible business profits should allow corresponding deductions under Chapter VI-A of the Act. en-us Fri, 17 Jan 2020 00:00:00 +0530 Wed, 15 Apr 2020 13:34:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287469 The Tribunal upheld the disallowance under section 40(a)(i) of the Income-tax Act but directed the Assessing Officer to provide relief under section 10AA on the increased profits. The decision was based on the principle that disallowances enhancing eligible business profits should allow corresponding deductions under Chapter VI-A of the Act. Case-Laws Income Tax Fri, 17 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287469