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Sir, With respect to the feature ‘Controversies — Restriction on Deduction due to section 80-IA(9)’ published in March issue of BCAJ at page no. 41, I would like to bring to the notice of the authors the provisions of section 80A(4) inserted w.e.f. 1-4- 2003. This section was inserted just to give legal sanctity to the Judgment of five member Bench in case of Hindustan ACIT v. Mint & Agro Products (P) Ltd., 123 TTJ 577 (Del.) (SB). However, neither the Delhi High Court nor the Bombay High court took note of the amended section. The reason possibly being it was not cited by anybody. So, for A.Y. 2003-04 and A.Y. 2004-05, I think the position is clear. The comments are solicited. –
– Pawan Singla
Errata In the March 2011 issue, in the `Readers’ Views’ the names of the letter writers were omitted. The letter commenting on `Closements’ was by Mr. G.Y. Limaye and the letter commenting on `is It fair’ was by Mr. B. D. Bhide. The error is regretted. – Editor
(viii) Campus Placement for Articled Assistants: Board of Studies of ICAI has introduced campus placement scheme for selection of Articled Assistants by C.A. Firms. This is in addition to the Online Placement Service already available at http://bosapp. icai.org The campus placement will be held between 15th and 30th April, 2011 in cities viz. Ahmedabad, Mumbai, Nagpur, Pune, Bangalore, Chennai, Ernakulam, Hyderabad, Kolkata, Indore, Jaipur, Kanpur, Ghaziabad, Chandigarh and New Delhi.
(Refer C.A. Students Journal for March, 2011, Page 33)
