S.C : the profits derived from export should be computed in accordance with clause (b) of sub-section (3) of section 80HHC

Supreme Court Of India CIT vs. Harrison Malayalam Ltd. Section : 80HHC, 80AB Assessment Year....Read More

Karnataka H.C : the benefit of deduction under section 80HHC of the Act can be availed by the assessee only on the total income as computed after setting off the unabsorbed depreciation of the earlier years

High Court Of Karnataka J.K. Industries Ltd. vs. Assistant Commissioner Of Income Tax Section 80HHC,....Read More

Chhattisgarh H.C : Tribunal was justified in allowing deduction under sections 80HH and 80-I of the Act by considering the gross income from the two units of the appellants, namely, flour mill unit, Itarsi and solvent extraction plant, Khandwa, in violation of section 80AB

High Court Of Chhattisgarh CIT VS. Itarsi Oils & Flours Mills Ltd. Section : 80AB,....Read More