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2011 (4) TMI 98 - HC - Income TaxDeduction Under section 80HHC r.w. section 80IA(9) r.w. section 80IB(13) - As per the case of Friends Castings (P) Ltd. Vs. Commissioner of Income Tax [2010 - TMI - 203417 - Punjab and Haryana High Court], after considering the scheme of the relevant provisions, it was held that Section 80-IA(9) barred claim for deduction under any other provision of the Chapter VI-A if deduction under Section 80-I has been allowed - same view has been taken by Delhi High Court in Great Eastern Exports Vs. Commissioner of Income Tax [2010 -TMI - 202426 - DELHI HIGH COURT] - Hence, appeals filed by the assessee have to be dismissed and appeals filed by the revenue have to be allowed.
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