https://www.taxtmi.com/caselaws?id=413508 The Tribunal dismissed all appeals by the Revenue challenging the allowance of deduction under section 80IA(4)(iv) on the assessee's gross total income, including income from capital gains and other sources. The Tribunal upheld the assessee's position, relying on Bombay High Court decisions that the deduction under section 80IA is not restricted to income derived solely from the eligible business, leading to the dismissal of the Revenue's appeals for multiple assessment years. en-us Fri, 08 Oct 2021 00:00:00 +0530 Tue, 12 Oct 2021 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413508 The Tribunal dismissed all appeals by the Revenue challenging the allowance of deduction under section 80IA(4)(iv) on the assessee's gross total income, including income from capital gains and other sources. The Tribunal upheld the assessee's position, relying on Bombay High Court decisions that the deduction under section 80IA is not restricted to income derived solely from the eligible business, leading to the dismissal of the Revenue's appeals for multiple assessment years. Case-Laws Income Tax Fri, 08 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413508