https://www.taxtmi.com/caselaws?id=397163 The appellant successfully appealed against the restriction imposed on its Section 80IC deduction claim for the assessment year 2012-13. The deduction amount was restored, and an office expenditure reallocation was made across the three units. The recalculated allocation percentages for administrative expenses were upheld, dismissing arguments of disproportionate expenses in one unit. The tribunal directed the deletion of the disallowed amount based on revenue generation concerns. The judgment considered the impact of the COVID-19 pandemic on the delay in pronouncing the order, ultimately allowing the appeal. en-us Mon, 29 Jun 2020 00:00:00 +0530 Thu, 06 Aug 2020 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397163 The appellant successfully appealed against the restriction imposed on its Section 80IC deduction claim for the assessment year 2012-13. The deduction amount was restored, and an office expenditure reallocation was made across the three units. The recalculated allocation percentages for administrative expenses were upheld, dismissing arguments of disproportionate expenses in one unit. The tribunal directed the deletion of the disallowed amount based on revenue generation concerns. The judgment considered the impact of the COVID-19 pandemic on the delay in pronouncing the order, ultimately allowing the appeal. Case-Laws Income Tax Mon, 29 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397163