https://www.taxtmi.com/caselaws?id=34935 The High Court upheld the decisions of lower authorities regarding the eligibility of interest on RBI bonds for deduction under section 80HHB and the allowance of deduction under section 80-IA for transportation charges. The Court found that the interest on RBI bonds was part of the total settlement package related to the works undertaken by the assessee and transportation of sleepers was considered an incidental activity of the business, justifying the deductions. The appeals were dismissed. en-us Tue, 04 Dec 2007 00:00:00 +0530 Thu, 12 Nov 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34935 The High Court upheld the decisions of lower authorities regarding the eligibility of interest on RBI bonds for deduction under section 80HHB and the allowance of deduction under section 80-IA for transportation charges. The Court found that the interest on RBI bonds was part of the total settlement package related to the works undertaken by the assessee and transportation of sleepers was considered an incidental activity of the business, justifying the deductions. The appeals were dismissed. Case-Laws Income Tax Tue, 04 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34935