27 December 2009
On of my client has claimed ded. u/s 80IB @ 2% of Elegible profit. After the scrutiny assessment the AO has increased the profit (eligible for ded u/s 80IB)by making certian disallowances and other additions but has allowed the deduction u/s 80IB of the amount as originally claimed in Computation of Income. Is he eligible for ded. u/s 80IB on the enhanced income. If yes, please quote some case laws in this regard.