2013 (2) TMI 762 - HC - Income Tax

Summary

The Bombay High Court heard an appeal regarding the interpretation of section 80IA(4) of the Income Tax Act for the assessment year 2004-2005. The Tribunal's decision denying the deduction claimed was set aside, and the matter was restored to the Tribunal for a fresh decision. All contentions of parties are kept open for further arguments. The appeal was disposed of with no order as to costs.