https://www.taxtmi.com/caselaws?id=202660 The Kerala High Court upheld the disallowance of deduction claimed under section 80HHC of the Income-tax Act, 1961, emphasizing that a supporting manufacturer cannot claim a deduction if exporters incur losses, as per a disclaimer certificate. The court also rejected the assessee's claim for deduction under section 80-IA, ruling that fish processing does not qualify as manufacture or production of an article based on Supreme Court precedent. The judgment aligned with the decisions of the Tribunal and Commissioner, citing relevant case law to support its findings. en-us Fri, 18 Dec 2009 00:00:00 +0530 Wed, 26 Dec 2012 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202660 The Kerala High Court upheld the disallowance of deduction claimed under section 80HHC of the Income-tax Act, 1961, emphasizing that a supporting manufacturer cannot claim a deduction if exporters incur losses, as per a disclaimer certificate. The court also rejected the assessee's claim for deduction under section 80-IA, ruling that fish processing does not qualify as manufacture or production of an article based on Supreme Court precedent. The judgment aligned with the decisions of the Tribunal and Commissioner, citing relevant case law to support its findings. Case-Laws Income Tax Fri, 18 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202660