2014 (6) TMI 116

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....AKKUZHIYIL), SRI. ABRAHAM JOSEPH MARKOS, SRI.ABRAHAM VARGHESE THARAKAN, ADVOCATES FOR THE RESPONDENT : SRI. JOSE JOSEPH, SC JUDGEMENT Dr. Manjula Chellur C. J.- The following substantial questions of law arise for consideration in this appeal :           "1. Is not deduction under section 80HHD and section 80-IB allowable on the basis of ....

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....the purpose of determination of deductions allowable under section 80HHD and section 80-IA of the Act." 2. The assessee is a company engaged in hotel business and the appeal pertains to the assessment year 2000-01. In this case, the appellant-assessee filed a return of income declaring the net loss of Rs. 4,52,23,735. The Assessing Officer disallowed the deductions claimed under section 80HHD a....