Bombay H.C : The assessee was entitled to deduction u/s 80HHB in respect of each project instead of netting up of profits from all the overseas projects and thus directing the Assessing Officer to allow the deduction as claimed by the assessee without setting off the loss suffered in other foreign projects
High Court Of Bombay CIT vs. Hindustan Construction Co.Ltd. Section : 80HHB Assessment year : 1984-85 S.C. Dharmadhikari And A.K. […]