Karnataka H.C : In order to ascertain deduction under section 80HHC, profit derived from all businesses should be taken into consideration and not only profit from eligible business

High Court Of Karnataka G.J. Fernandez vs. ACIT Assessment Year : 2003-04 Section : 80HHC Kumar And Subhash B. Adi, JJ. IT APPEAL Nos. 798 And 799 Of 2009 October 29, 2010 JUDGMENT 1.Kumar, J. – The appeal—IT Appeal No. 798 of 2009 is preferred by the assessee against the order passed by the Tribunal…

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