https://www.taxtmi.com/caselaws?id=207058 HC held that section 80-IA(9) does not require reducing the profits allowed as deduction under section 80-IA(1) when computing other Chapter VI-A, Heading C deductions; it limits the allowability so the aggregate deduction under section 80-IA and other Heading C provisions cannot exceed 100% of profits. The court accepted that the undertaking was entitled to 80-IA and 80HHC deductions but subject to the overall cap, and decided in favor of the assessee. en-us Mon, 10 Jan 2011 00:00:00 +0530 Mon, 25 Aug 2025 17:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207058 HC held that section 80-IA(9) does not require reducing the profits allowed as deduction under section 80-IA(1) when computing other Chapter VI-A, Heading C deductions; it limits the allowability so the aggregate deduction under section 80-IA and other Heading C provisions cannot exceed 100% of profits. The court accepted that the undertaking was entitled to 80-IA and 80HHC deductions but subject to the overall cap, and decided in favor of the assessee. Case-Laws Income Tax Mon, 10 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207058