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2010 (2) TMI 793 - AT - Income TaxThe AO had restricted the claim for deduction u/s 80HHC and the same was allowed after reducing the deduction u/s 80IB. - Held that:- The restriction contained in s. 80-IA and 80-IB not to all the repeated deductions is applicable to same profit, that there has to be identity of profits on which deduction under more than one provision under Ch. VI-A is claimed by the assessee; that the provisions are applicable where on the profit of the undertaking or enterprise, the deduction was claimed u/s 80IA or 80IB and then on the same profit of the undertaking, deduction other provisions like 80HHC was claimed; that in such cases, restriction contained in the above provisions would apply; decided against Assessee.
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