https://www.taxtmi.com/caselaws?id=399910 The court ruled against the revenue, upholding decisions made by the Commissioner of Income Tax (Appeals) and the Tribunal. The judgment focused on the interpretation of Section 80IA and Section 14A of the Income Tax Act, particularly regarding deduction computation, expenditure disallowance, and the aggregation of profit-making and loss-making units. The court considered arguments from both parties, relevant case law, and emphasized the significance of factual findings by the Tribunal for High Court intervention. en-us Thu, 08 Oct 2020 00:00:00 +0530 Thu, 22 Oct 2020 10:59:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399910 The court ruled against the revenue, upholding decisions made by the Commissioner of Income Tax (Appeals) and the Tribunal. The judgment focused on the interpretation of Section 80IA and Section 14A of the Income Tax Act, particularly regarding deduction computation, expenditure disallowance, and the aggregation of profit-making and loss-making units. The court considered arguments from both parties, relevant case law, and emphasized the significance of factual findings by the Tribunal for High Court intervention. Case-Laws Income Tax Thu, 08 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399910