https://www.taxtmi.com/caselaws?id=64377 The Tribunal held that for computing the deduction under section 80HHC, profits must first be reduced by the deduction allowed under section 80-IB, aligning with section 80-IA(9) to prevent repeated deductions of the same profits. The decision in Rogini Garments was upheld, emphasizing that section 80-IA(9) applies to all relevant Chapter VI-A provisions. The Tribunal rejected liberal interpretations allowing repeated deductions, adhering to the clear statutory language. en-us Tue, 23 Jun 2009 00:00:00 +0530 Fri, 09 Feb 2024 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64377 The Tribunal held that for computing the deduction under section 80HHC, profits must first be reduced by the deduction allowed under section 80-IB, aligning with section 80-IA(9) to prevent repeated deductions of the same profits. The decision in Rogini Garments was upheld, emphasizing that section 80-IA(9) applies to all relevant Chapter VI-A provisions. The Tribunal rejected liberal interpretations allowing repeated deductions, adhering to the clear statutory language. Case-Laws Income Tax Tue, 23 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64377