https://www.taxtmi.com/caselaws?id=444436 The Tribunal partly allowed the appeal for AY 2012-13, directing the Assessing Officer to allow the deduction of Rs. 5,29,61,675/- under Section 80JJA as initially calculated, rejecting the CIT(A)'s further reductions. Similarly, for AY 2013-14, the Tribunal upheld the deduction of Rs. 5,23,02,007/-, maintaining the same reasoning. The Tribunal dismissed the issue related to the disallowance of expenses under Section 14A as it was withdrawn by the assessee. The appeals were thus partly allowed, affirming the deductions as originally computed by the Assessing Officer. en-us Fri, 13 Oct 2023 00:00:00 +0530 Mon, 16 Oct 2023 18:44:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444436 The Tribunal partly allowed the appeal for AY 2012-13, directing the Assessing Officer to allow the deduction of Rs. 5,29,61,675/- under Section 80JJA as initially calculated, rejecting the CIT(A)'s further reductions. Similarly, for AY 2013-14, the Tribunal upheld the deduction of Rs. 5,23,02,007/-, maintaining the same reasoning. The Tribunal dismissed the issue related to the disallowance of expenses under Section 14A as it was withdrawn by the assessee. The appeals were thus partly allowed, affirming the deductions as originally computed by the Assessing Officer. Case-Laws Income Tax Fri, 13 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444436