https://www.taxtmi.com/caselaws?id=210919 The High Court ruled that the sale of goods to UNICEF in India did not qualify as an export out of India under Section 80-HHC of the Income-tax Act. The Court emphasized the necessity of physical movement of goods out of India for eligibility, dismissing arguments for deemed export status. The assessee's claim for deduction was denied as the goods did not cross India's territorial boundary, leading to an unfavorable outcome for the assessee regarding the deduction under Section 80-HHC. en-us Wed, 15 Feb 2012 00:00:00 +0530 Fri, 25 Jan 2013 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210919 The High Court ruled that the sale of goods to UNICEF in India did not qualify as an export out of India under Section 80-HHC of the Income-tax Act. The Court emphasized the necessity of physical movement of goods out of India for eligibility, dismissing arguments for deemed export status. The assessee's claim for deduction was denied as the goods did not cross India's territorial boundary, leading to an unfavorable outcome for the assessee regarding the deduction under Section 80-HHC. Case-Laws Income Tax Wed, 15 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210919