https://www.taxtmi.com/caselaws?id=66220 The Tribunal ruled in favor of the assessee, holding that the deduction claimed under section 80HHC by a supporting manufacturer for goods sold to an export house should be allowed in the year of sale to the export house, irrespective of the timing of export by the export house. The Tribunal emphasized the legislative intent to promote exports and provide incentives, rejecting the argument that the deduction should be linked to the year of export by the export house. The appeal of the revenue was dismissed, affirming the order of the Ld. CIT(A) in support of the assessee's deduction claim under section 80HHC. en-us Fri, 29 Jun 2001 00:00:00 +0530 Tue, 22 Feb 2011 15:33:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66220 The Tribunal ruled in favor of the assessee, holding that the deduction claimed under section 80HHC by a supporting manufacturer for goods sold to an export house should be allowed in the year of sale to the export house, irrespective of the timing of export by the export house. The Tribunal emphasized the legislative intent to promote exports and provide incentives, rejecting the argument that the deduction should be linked to the year of export by the export house. The appeal of the revenue was dismissed, affirming the order of the Ld. CIT(A) in support of the assessee's deduction claim under section 80HHC. Case-Laws Income Tax Fri, 29 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66220