https://www.taxtmi.com/caselaws?id=203417 The Court dismissed the appeals under the IT Act, finding no substantial question of law. It upheld the exclusion of job work charges from deduction under s. 80-IA/80-IB, stating they were not directly linked to manufacturing activities. Additionally, it affirmed that deductions under s. 80-IA should be reduced from business profits before computing deductions under s. 80HHC, emphasizing the exclusivity of deductions under specific provisions. The judgment provides a comprehensive analysis of the issues raised, particularly focusing on the eligibility criteria for deductions under different sections of the IT Act. en-us Mon, 20 Sep 2010 00:00:00 +0530 Sat, 24 Mar 2012 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203417 The Court dismissed the appeals under the IT Act, finding no substantial question of law. It upheld the exclusion of job work charges from deduction under s. 80-IA/80-IB, stating they were not directly linked to manufacturing activities. Additionally, it affirmed that deductions under s. 80-IA should be reduced from business profits before computing deductions under s. 80HHC, emphasizing the exclusivity of deductions under specific provisions. The judgment provides a comprehensive analysis of the issues raised, particularly focusing on the eligibility criteria for deductions under different sections of the IT Act. Case-Laws Income Tax Mon, 20 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203417