https://www.taxtmi.com/caselaws?id=795357 Deferred sales tax liability claimed under Section 43B requires fresh examination where subsequent statutory VAT adjustment orders directly address the earlier absence of evidence that the liability was converted into a Government loan. The claim is remitted for determination on that material. Section 80IA(9), applicable to Section 80IB, restricts the aggregate allowance of Chapter VI-A deductions to eligible business profits but does not reduce the profits used to compute Section 80HHC independently. Section 80HHC must therefore be recomputed without reducing the Section 80IB deduction, subject to the aggregate ceiling. en-us Fri, 19 Jun 2026 00:00:00 +0530 Tue, 21 Jul 2026 08:32:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795357 Deferred sales tax liability claimed under Section 43B requires fresh examination where subsequent statutory VAT adjustment orders directly address the earlier absence of evidence that the liability was converted into a Government loan. The claim is remitted for determination on that material. Section 80IA(9), applicable to Section 80IB, restricts the aggregate allowance of Chapter VI-A deductions to eligible business profits but does not reduce the profits used to compute Section 80HHC independently. Section 80HHC must therefore be recomputed without reducing the Section 80IB deduction, subject to the aggregate ceiling. Case-Laws Income Tax Fri, 19 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795357