https://www.taxtmi.com/caselaws?id=209367 The court held that profits from all businesses should be considered for computing the deduction under Section 80HHC of the Income Tax Act, contrary to the Tribunal's interpretation. Separate accounts for different business units should not impact the computation, and global profits, not just profits from eligible export business, should be included. The court allowed the appeals, set aside previous orders, and ruled in favor of the assessee, emphasizing adherence to statutory provisions and CBDT circular guidelines. en-us Fri, 29 Oct 2010 00:00:00 +0530 Mon, 22 Jul 2013 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209367 The court held that profits from all businesses should be considered for computing the deduction under Section 80HHC of the Income Tax Act, contrary to the Tribunal's interpretation. Separate accounts for different business units should not impact the computation, and global profits, not just profits from eligible export business, should be included. The court allowed the appeals, set aside previous orders, and ruled in favor of the assessee, emphasizing adherence to statutory provisions and CBDT circular guidelines. Case-Laws Income Tax Fri, 29 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209367