https://www.taxtmi.com/caselaws?id=116926 The ITAT partially allowed the appeals by directing the Assessing Officer to adjust the computation of deduction under section 80HHC, following precedents to ignore losses and increase profits by the incentive amount. The ITAT also allowed interest on the refund until the date of issuing the refund, based on a Supreme Court judgment. Certain grounds related to the treatment of indirect expenditure were not decided as they did not survive, ultimately resulting in the dismissal of those specific grounds not pressed during arguments. en-us Thu, 31 Jul 2003 00:00:00 +0530 Mon, 18 Jun 2012 18:44:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116926 The ITAT partially allowed the appeals by directing the Assessing Officer to adjust the computation of deduction under section 80HHC, following precedents to ignore losses and increase profits by the incentive amount. The ITAT also allowed interest on the refund until the date of issuing the refund, based on a Supreme Court judgment. Certain grounds related to the treatment of indirect expenditure were not decided as they did not survive, ultimately resulting in the dismissal of those specific grounds not pressed during arguments. Case-Laws Income Tax Thu, 31 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116926