https://www.taxtmi.com/caselaws?id=59231 The Tribunal partly allowed the appeals, clarifying the eligibility criteria for deduction under section 80-I. It held that income from publishing advertisements in magazines and certain magazine sales were eligible for the deduction as they had a direct connection with the industrial undertaking. However, miscellaneous incomes like subscription center and raddi sale were not considered eligible. The Tribunal directed the Assessing Officer to recompute the deduction for the assessment year 1993-94 based on these findings. en-us Fri, 08 Oct 2004 00:00:00 +0530 Mon, 27 Dec 2010 13:15:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59231 The Tribunal partly allowed the appeals, clarifying the eligibility criteria for deduction under section 80-I. It held that income from publishing advertisements in magazines and certain magazine sales were eligible for the deduction as they had a direct connection with the industrial undertaking. However, miscellaneous incomes like subscription center and raddi sale were not considered eligible. The Tribunal directed the Assessing Officer to recompute the deduction for the assessment year 1993-94 based on these findings. Case-Laws Income Tax Fri, 08 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59231