https://www.taxtmi.com/caselaws?id=65416 Section 80-IA(9), as applied through section 80-IB(13), requires deduction under section 80HHC to be computed after reducing the deduction already allowed under section 80-IB, so the overlap cannot be claimed twice. Duty drawback and DEPB receipts were treated as eligible for deduction under section 80-IB because they were held to have a direct nexus with the eligible industrial undertaking's business profits. An ad hoc disallowance of foreign tour expenses was deleted because no specific item of personal or unsupported expenditure was identified, and conjectural disallowance is impermissible. en-us Fri, 25 Jul 2008 00:00:00 +0530 Sun, 10 Dec 2023 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65416 Section 80-IA(9), as applied through section 80-IB(13), requires deduction under section 80HHC to be computed after reducing the deduction already allowed under section 80-IB, so the overlap cannot be claimed twice. Duty drawback and DEPB receipts were treated as eligible for deduction under section 80-IB because they were held to have a direct nexus with the eligible industrial undertaking's business profits. An ad hoc disallowance of foreign tour expenses was deleted because no specific item of personal or unsupported expenditure was identified, and conjectural disallowance is impermissible. Case-Laws Income Tax Fri, 25 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65416