S. 80IB(10) : Housing projects-Commercial space-Developer-Provision application prospectively-Completion of project before specified time-Proof not produced before lower authority-Matter remanded.

S. 80IB(7) : Hotel business-Return-Failure to file return within due date-Not eligible deduction-Directed to decide as per direction of the CBDT. [S.10A, 80AC, 119(2B) 139(1)]

S. 80IB : Industrial undertakings-Subsidy-Profits derived from business-Subsidies given by Government to enable sale to Farmers at, or below, maximum retail price-Form part of business profits-Subsidy eligible for deduction. [S. 2(24)(xvii), 148]

S. 80IA : Industrial undertakings-Infrastructure development-Fair market value-Price sold by State Electricity Board to consumers-Not at which the price is supplied by assessee to State Electricity Board. [S. 80IA(8)]

S. 80IA :Industrial undertakings-Infrastructure development-Abnormal profits-Eligible for deduction. [S.10B(7), 80IA(7), 115JB]

S. 80IA: Industrial undertakings-Infrastructure development-Failure to file Form No 10CCB-Disallowance is justified.

S. 80HHC : Export business-Book profit-Eligible for entire deduction on export. [S. 115JB Expln. (iv).]

S. 80GGC : Contribution-Any person-Political parties-Evidence not provided-Funds transferred to proprietor of firms and further transferred to other entities-Financial manoeuvre to legalize illicit money and to evade taxes-Disallowance is justified.

S. 80G : Donation-Charitable objects-Expenses are less than the prescribed percentage-Directed to allow the approval. [S. 80G(5)(vi)]

S. 80G : Donation-Charitable institution-No allegation that the Trust did not fulfil conditions required Under Section 80G(5)(vi)-Denial of approval is not valid. [S. 12AA, 80G(5)(vi)]