https://www.taxtmi.com/highlights?id=55687 Deduction u/s 80IB - there is substantial force in the claim of the assessee that deduction u/s 80IB has to be allowed on the amount of profits and gains derived by him the eligible business within the meaning of the said statutory provision, as finally determined. - Disallowance of expenses claimed by the assessee as regards his eligible business would increase its income which again will be exempt u/s 80IB. - AT en-us Mon, 30 Nov 2020 10:28:27 +0530 Mon, 30 Nov 2020 10:28:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55687 Deduction u/s 80IB - there is substantial force in the claim of the assessee that deduction u/s 80IB has to be allowed on the amount of profits and gains derived by him the eligible business within the meaning of the said statutory provision, as finally determined. - Disallowance of expenses claimed by the assessee as regards his eligible business would increase its income which again will be exempt u/s 80IB. - AT Highlights Income Tax Mon, 30 Nov 2020 10:28:27 +0530 https://www.taxtmi.com/highlights?id=55687