https://www.taxtmi.com/caselaws?id=421071 The Tribunal dismissed the Revenue's appeal and allowed the deduction under section 80IA for AY 2006-07 and AY 2007-08, following Circular No. 1/2016 and the High Court's judgment. Regarding the disallowance of an amount from book profits under section 115JB for AY 2007-08, the Tribunal remitted the issue back to the AO for verification and allowed necessary deductions, partly allowing both appeals filed by the assessee. en-us Wed, 13 Apr 2022 00:00:00 +0530 Fri, 15 Apr 2022 09:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421071 The Tribunal dismissed the Revenue's appeal and allowed the deduction under section 80IA for AY 2006-07 and AY 2007-08, following Circular No. 1/2016 and the High Court's judgment. Regarding the disallowance of an amount from book profits under section 115JB for AY 2007-08, the Tribunal remitted the issue back to the AO for verification and allowed necessary deductions, partly allowing both appeals filed by the assessee. Case-Laws Income Tax Wed, 13 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421071