2012 (9) TMI 404

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....ivil appeals are dismissed. No order as to costs. ORDER 1. Heard learned counsel on both sides. In these appeals, following questions of law arise for determination: "[a]  Whether the High Court was justified in holding that the Respondent-Assessee was entitled for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961 in respect of income from underwriting commission an....