Madhya Pradesh H.C : the deduction as per the proviso to s. 80HHC has to be calculated independently without setting off the same against the loss worked out as per cls. (a), (b) and (c) of sub-s. (3) of s. 80HHC relying on their own earlier order dt. 26th Feb., 1999, in ITA Nos. 510 and 1026/Ind/1997 in the case of Alphine Solvex Ltd. vs. Dy. CIT even though the same was not accepted by the Department and against which appeal under s. 260A of the IT Act before the MP High Court is still pending for decision
High Court Of Madhya Pradesh CIT vs. Chemifine Section 80HHC, 260A A.M. Sapre & Ashok Kumar Tiwari, JJ. IT Appeal […]