https://www.taxtmi.com/caselaws?id=434125 The Tribunal allowed both appeals, directing the AO to recompute deductions under Sections 80IB and 80HHC in accordance with judicial precedents, and remove the turnover distinction for DEPB deduction following the Supreme Court's ruling. The judgment emphasized interpreting Section 80IA(9) correctly to ensure deductions do not exceed business profits. en-us Fri, 10 Feb 2023 00:00:00 +0530 Thu, 16 Feb 2023 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434125 The Tribunal allowed both appeals, directing the AO to recompute deductions under Sections 80IB and 80HHC in accordance with judicial precedents, and remove the turnover distinction for DEPB deduction following the Supreme Court's ruling. The judgment emphasized interpreting Section 80IA(9) correctly to ensure deductions do not exceed business profits. Case-Laws Income Tax Fri, 10 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434125