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2012 (12) TMI 166 - HC - Income TaxDeduction u/s 10B, 80I and 80HH - Apportionment of common head office expenses – Whether common HO expenses can be apportion to the various units on the basis of their respective turnover for the purpose of calculation of deduction u/s 10B, 80I and 80HHH - the accounts for these units were separately maintained – Assessee had taken the contention that the expenses incurred was for the overall management of the units as well as for providing finance - Held that:- No, Revenue had no grievance as regards the order passed by the Tribunal for preceding years 1984-85 onwards and that the expenses incurred were pure and simple administrative expenses, monitoring the requirements of finance and other action which are necessary in running of the business. In favour of assessee
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