https://www.taxtmi.com/caselaws?id=60093 The Tribunal upheld the decision that deduction u/s 80-O should be on the gross amount of income brought into India without deducting any expenses, dismissing the revenue's appeal. Regarding the accounting method for engineering consultancy income, the Tribunal supported the assessee's 'percentage of completion' method, deleting the addition to business income. The Tribunal partly allowed the assessee's cross-objection on deduction u/s 80-O for specific fees, directing the CIT(A) to consider the claim. Additionally, the Tribunal ruled that no deduction would be allowed following the deletion of the income addition. en-us Thu, 26 Sep 1996 00:00:00 +0530 Mon, 03 Jan 2011 16:41:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60093 The Tribunal upheld the decision that deduction u/s 80-O should be on the gross amount of income brought into India without deducting any expenses, dismissing the revenue's appeal. Regarding the accounting method for engineering consultancy income, the Tribunal supported the assessee's 'percentage of completion' method, deleting the addition to business income. The Tribunal partly allowed the assessee's cross-objection on deduction u/s 80-O for specific fees, directing the CIT(A) to consider the claim. Additionally, the Tribunal ruled that no deduction would be allowed following the deletion of the income addition. Case-Laws Income Tax Thu, 26 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60093