Section 80JJA Deduction Approved: Allegations of Profit Misallocation in Bio-Fertilizer Business Found Unfounded by AO.

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....Deduction under section 80JJA for bio-fertilizer business - the allegation of the AO that the assessee is doing the business in the land belonging to his father without sharing the profit with his other brother and sisters has no base. The reasons for holding that there was no business were not correct. - AT....