https://www.taxtmi.com/caselaws?id=289579 The Tribunal ruled that most of the assessee's income, except for specific amounts, qualifies as "income from business" for the purpose of claiming deduction under section 80IA(4)(iii). The assessee's appeal was partially allowed, the Revenue's appeal was rejected, and the cross-objection by the assessee was addressed accordingly. The Tribunal upheld the eligibility of lease rent income from the industrial park for the deduction, citing relevant case law to support its decision. en-us Fri, 27 Sep 2013 00:00:00 +0530 Fri, 07 Aug 2020 10:50:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289579 The Tribunal ruled that most of the assessee's income, except for specific amounts, qualifies as "income from business" for the purpose of claiming deduction under section 80IA(4)(iii). The assessee's appeal was partially allowed, the Revenue's appeal was rejected, and the cross-objection by the assessee was addressed accordingly. The Tribunal upheld the eligibility of lease rent income from the industrial park for the deduction, citing relevant case law to support its decision. Case-Laws Income Tax Fri, 27 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289579