In the result, both the appeals are dismissed
Bench: Shri R.S. Syal & Shri Partha Sarathi Chaudhury
80B(5) to M/s. Chheda Electricals and Electronics Pvt. Ltd., mean: ‘the total income computed in accordance with the provisions of this Act, before making any deduction under this Chapter”. On a conjoint reading of the above provisions, it emerges that the total amount of deductions under the Chapter VIA cannot breach the amount of gross total income, which