https://www.taxtmi.com/caselaws?id=413048 The Tribunal set aside the CIT(A) order regarding the eligibility of income for deduction under section 80P(2)(a)(iii) of the Income-tax Act, 1961, and remitted the issue to the AO for quantification after noting the lack of separate books for each activity. The AO was directed to determine the eligible income for deduction under the specified section. The Tribunal ensured proper opportunity for the assessee to be heard and partly allowed the appeals for statistical purposes. en-us Tue, 28 Sep 2021 00:00:00 +0530 Mon, 04 Oct 2021 08:58:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413048 The Tribunal set aside the CIT(A) order regarding the eligibility of income for deduction under section 80P(2)(a)(iii) of the Income-tax Act, 1961, and remitted the issue to the AO for quantification after noting the lack of separate books for each activity. The AO was directed to determine the eligible income for deduction under the specified section. The Tribunal ensured proper opportunity for the assessee to be heard and partly allowed the appeals for statistical purposes. Case-Laws Income Tax Tue, 28 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413048