In the result, Revenue’s appeal for Assessment Year 2011-12 is dismissed
Bench: Shri N. V. Vasudevan & Shri Jason P Boaz
8o-IB of the Act." 7. Applying the same analogy, it can be held that if deduction u/s. 4o[a][ia] of the Act is not allowed, the same would have been to be added to the profits of the undertaking on which the Assessee would be entitled for deduction u/s. loA of the Act. This view is fortified