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2015 (1) TMI 526 - HC - Income TaxDeduction/benefit under Section 80-I - Whether assessee is entitled to deduction/benefit under Section 80-I on the gross income without excluding/reducing deduction allowed under Section 80-HH? - Held that:- Benefits under Section 80-HH and Section 80-I were independent and consequently, there was no question of giving effect to Section 80-HH(9) and thereafter proceeding to bring the balance amount for the purposes of tax or benefit under Section 80-I. The question of law framed in this appeal is answered in terms of the law declared by the Supreme Court in Mandideep Engineering and Packaging Ind. Pvt. Ltd. [2006 (4) TMI 75 - SUPREME Court]. - Decided in favour of assessee.
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