https://www.taxtmi.com/caselaws?id=34039 The Court upheld the Tribunal's decision allowing the assessee, a Limited Company, to claim deductions under Sections 80-I or 80-IA of the Income-tax Act in connection to the 'total undisclosed income' of the block period from Assessment Year 1986-87 to 06.01.1996. Despite the revenue's contentions regarding retrospective amendments to Section 158BB, the Court found in favor of the assessee, affirming their entitlement to the deductions. The Court disposed of the reference without costs, concluding the legal proceedings on the matter. en-us Tue, 03 Feb 2009 00:00:00 +0530 Tue, 07 Jul 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34039 The Court upheld the Tribunal's decision allowing the assessee, a Limited Company, to claim deductions under Sections 80-I or 80-IA of the Income-tax Act in connection to the 'total undisclosed income' of the block period from Assessment Year 1986-87 to 06.01.1996. Despite the revenue's contentions regarding retrospective amendments to Section 158BB, the Court found in favor of the assessee, affirming their entitlement to the deductions. The Court disposed of the reference without costs, concluding the legal proceedings on the matter. Case-Laws Income Tax Tue, 03 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34039