https://www.taxtmi.com/caselaws?id=77381 SC held that for computing book profits under Section 115JB (MAT) export profits are to be excluded in full under Explanation clause (iv) as an eligible profit, and cannot be proportionately reduced by reference to Section 80HHC(1B)'s scaled deduction. Section 115JB is a self-contained code with specific upward and downward adjustments; the distinction between eligibility and extent of deductibility must be preserved. Certification by a chartered accountant under Sections 80HHC(3)/(3A) and related sub-clauses is a compliance requirement, not a qualifying condition. en-us Thu, 09 Sep 2010 00:00:00 +0530 Wed, 22 Apr 2026 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77381 SC held that for computing book profits under Section 115JB (MAT) export profits are to be excluded in full under Explanation clause (iv) as an eligible profit, and cannot be proportionately reduced by reference to Section 80HHC(1B)'s scaled deduction. Section 115JB is a self-contained code with specific upward and downward adjustments; the distinction between eligibility and extent of deductibility must be preserved. Certification by a chartered accountant under Sections 80HHC(3)/(3A) and related sub-clauses is a compliance requirement, not a qualifying condition. Case-Laws Income Tax Thu, 09 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77381