https://www.taxtmi.com/caselaws?id=62893 The Appellate Tribunal allowed the assessee's appeal regarding the disallowance of deduction under section 80HHC(1)(b) of the Income Tax Act for the assessment year 1984-85. The Tribunal held that the assessee met all the conditions under clause (b) and is entitled to the benefit of incremental turnover. It emphasized that the provision should be liberally construed to encourage better export performance annually, highlighting the importance of interpreting tax provisions in a manner that promotes legislative intent and objectives. The Assessing Officer was directed to compute and allow the deduction accordingly. en-us Fri, 04 Sep 1992 00:00:00 +0530 Sat, 22 Jan 2011 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62893 The Appellate Tribunal allowed the assessee's appeal regarding the disallowance of deduction under section 80HHC(1)(b) of the Income Tax Act for the assessment year 1984-85. The Tribunal held that the assessee met all the conditions under clause (b) and is entitled to the benefit of incremental turnover. It emphasized that the provision should be liberally construed to encourage better export performance annually, highlighting the importance of interpreting tax provisions in a manner that promotes legislative intent and objectives. The Assessing Officer was directed to compute and allow the deduction accordingly. Case-Laws Income Tax Fri, 04 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62893