https://www.taxtmi.com/highlights?id=88913 HC ruled that Section 80IB(10) deduction remains available for AY 2006-2007, with Section 80AC restriction not retroactively applicable. The benefit can be claimed for AY 2007-2008 onwards, subject to potential legal challenge in separate proceedings. The substantial questions of law were partly answered against the assessee for AY 2007-2008 to 2011-2012, while AY 2006-2007 was decided in the assessee's favor, consistent with precedential judicial interpretations regarding tax deduction provisions. en-us Fri, 30 May 2025 08:55:37 +0530 Fri, 30 May 2025 08:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88913 HC ruled that Section 80IB(10) deduction remains available for AY 2006-2007, with Section 80AC restriction not retroactively applicable. The benefit can be claimed for AY 2007-2008 onwards, subject to potential legal challenge in separate proceedings. The substantial questions of law were partly answered against the assessee for AY 2007-2008 to 2011-2012, while AY 2006-2007 was decided in the assessee's favor, consistent with precedential judicial interpretations regarding tax deduction provisions. Highlights Income Tax Fri, 30 May 2025 08:55:37 +0530 https://www.taxtmi.com/highlights?id=88913