https://www.taxtmi.com/caselaws?id=57215 The Tribunal allowed the appeal in favor of the assessee, directing the Assessing Officer to allow deductions under sections 80HH and 80-I on income disclosed under the Amnesty Scheme for the industrial undertaking. The Tribunal emphasized that the Department failed to prove that the disclosed income was not derived from the industrial undertaking, highlighting the acceptance of declarations under the Amnesty Scheme without further inquiry. The lack of evidence contradicting the nature of the income resulted in the reversal of lower authorities' decisions and the allowance of the deductions for the assessee. en-us Wed, 16 May 1990 00:00:00 +0530 Wed, 08 Dec 2010 19:08:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57215 The Tribunal allowed the appeal in favor of the assessee, directing the Assessing Officer to allow deductions under sections 80HH and 80-I on income disclosed under the Amnesty Scheme for the industrial undertaking. The Tribunal emphasized that the Department failed to prove that the disclosed income was not derived from the industrial undertaking, highlighting the acceptance of declarations under the Amnesty Scheme without further inquiry. The lack of evidence contradicting the nature of the income resulted in the reversal of lower authorities' decisions and the allowance of the deductions for the assessee. Case-Laws Income Tax Wed, 16 May 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57215