deducting tax at source u/s. 195
Deduction u/s. 10A, 10AA in respect of onsite 7 8
activities
Deduction u/s. 80JJAA ... Revenue's 3 (Revenue's
appeal) appeal)
Deduction u/s. 10AA in interest income etc. 2 (Revenue's 2 (Revenue
Appeals) erred in allowing the deduction under section 10AA of the Act ignoring
the facts that the assessee failed in filing Form 56F along with ... section 10B of the Act, whereas in the revised return filed
under section 139(5) of the Act, assessee did not claim
deduction under section
Section 6 in The Finance Act, 2023
6. In section 10AA of the Income-tax Act, with effect from the 1st day of April
scope of the main section and it
cannot override what the main Section provides. Therefore, the Explanation
inserted to Section 10AA(1) of the Income ... main Section but cannot change the substantive provisions of the main Section
under the Act. The Explanation inserted in Section 10AA(1) of the Income
issue concerning the claim of the respondent/assessee
for deduction under Section 10AA of the Income Tax Act, 1961 [in
short ... before adjusting deduction claimed under Section 10AA of the 1961 Act,
amounting to Rs.14,81,52,422/-. The respondent/assessee, thus, pegged its
Signature
allowability
of the appellant's claim for deduction under Section 10AA
was debatable where two or more views are possible, and
thus the assessment ... that it was noticed from the records that the deduction
under Section 10AA of the IT Act was disallowed in assessee's
own case
deduction under section 10A as per the provisions of
subsection (4) of the said section is similar to subsection (7) of section 10AA and
therefore ... provisions of Section 80HH of the Act
and also argued that the language of Section 80HH and Section 10AA are pari
materia in as much
assessee also responded to the notices. The assessee
claimed exemption u/s 10AA being profit of SEZ units. The total
income also comprises income ... increasing the profits of
undertakings, which are eligible for deduction u/s 10AA of the
Act and hence enhanced amount of deduction should be given
deduction under section 10A as per the provisions of
subsection (4) of the said section is similar to subsection (7) of section 10AA and
therefore ... provisions of Section
80HH of the Act and also argued that the language of Section 80HH and
Section 10AA are pari materia in as much
deduction under section 10A as per the provisions of
subsection (4) of the said section is similar to subsection (7) of section 10AA and
therefore ... provisions of Section
80HH of the Act and also argued that the language of Section 80HH and
Section 10AA are pari materia in as much
