Sec. 80-IA: Even if income under the head Business/ profession is a loss, deduction under section 80-IA(4) is allowable from other heads of income if the Gross Total Income is a positive figure.

Sec. 14A: Only investments yielding exempt income during the relevant previous year shall be taken into consideration for the purpose of computing the average value of investment for the purpose of Rule 8D of the IT Rules, under the computation as per the normal provisions as well as for under the computation for MAT purposes