Deduction for hotel profits barred from other chapter C deductions and limited to the hotel's profits. Insertion of sub section (7) to section 80 HHD provides that where a deduction under sub section (1) is claimed and allowed for profits from the business of a hotel, that part of the profits shall not qualify for any other deduction under the Chapter heading 'C.-Deductions in respect of certain incomes,' and the deduction shall not exceed the profits and gains of the hotel.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction for hotel profits barred from other chapter C deductions and limited to the hotel's profits.
Insertion of sub section (7) to section 80 HHD provides that where a deduction under sub section (1) is claimed and allowed for profits from the business of a hotel, that part of the profits shall not qualify for any other deduction under the Chapter heading "C.-Deductions in respect of certain incomes," and the deduction shall not exceed the profits and gains of the hotel.
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