https://www.taxtmi.com/caselaws?id=69575 The case involved disputes over deductions under sections 80HHC and 80-I of the Income-tax Act. The ITAT ruled in favor of the assessee, stating that deductions should be based on business profits and not reduced by fees eligible for deduction under other sections. The ITAT directed the Assessing Officer to recompute the deductions solely based on business profits, clarifying that as long as the assessee meets the prescribed conditions, they are entitled to the deductions. en-us Mon, 15 Mar 1993 00:00:00 +0530 Thu, 07 Apr 2011 17:12:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69575 The case involved disputes over deductions under sections 80HHC and 80-I of the Income-tax Act. The ITAT ruled in favor of the assessee, stating that deductions should be based on business profits and not reduced by fees eligible for deduction under other sections. The ITAT directed the Assessing Officer to recompute the deductions solely based on business profits, clarifying that as long as the assessee meets the prescribed conditions, they are entitled to the deductions. Case-Laws Income Tax Mon, 15 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69575