https://www.taxtmi.com/caselaws?id=67953 Section 80-I deduction was required to be computed at 20% of the profits and gains of the undertaking itself, not on residual income left after allowing section 80-HH relief. Section 80HH(9) only determines the order in which multiple Chapter VI-A deductions are applied, while section 80A(2) limits only the aggregate deduction to the gross total income. The computation base therefore remains the commercial profits of the undertaking, subject to the statutory ceiling, rather than a reduced figure after prior deductions. en-us Tue, 18 Nov 1986 00:00:00 +0530 Tue, 15 Mar 2011 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67953 Section 80-I deduction was required to be computed at 20% of the profits and gains of the undertaking itself, not on residual income left after allowing section 80-HH relief. Section 80HH(9) only determines the order in which multiple Chapter VI-A deductions are applied, while section 80A(2) limits only the aggregate deduction to the gross total income. The computation base therefore remains the commercial profits of the undertaking, subject to the statutory ceiling, rather than a reduced figure after prior deductions. Case-Laws Income Tax Tue, 18 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67953