https://www.taxtmi.com/caselaws?id=212847 The Commissioner (Appeals) confirmed that deductions under sections 80IB and 80HHC should be calculated independently on the eligible profits of the undertaking. The Hon'ble Jurisdictional High Court clarified that the deduction under section 80IA should not impact the computation of the deduction under section 80HHC. The Assessing Officer was directed to adhere to this interpretation. The Tribunal allowed the assessee's appeal for statistical purposes, emphasizing the importance of separate calculations for these deductions to align with legal provisions and judicial interpretations. en-us Thu, 19 May 2011 00:00:00 +0530 Fri, 18 May 2012 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212847 The Commissioner (Appeals) confirmed that deductions under sections 80IB and 80HHC should be calculated independently on the eligible profits of the undertaking. The Hon'ble Jurisdictional High Court clarified that the deduction under section 80IA should not impact the computation of the deduction under section 80HHC. The Assessing Officer was directed to adhere to this interpretation. The Tribunal allowed the assessee's appeal for statistical purposes, emphasizing the importance of separate calculations for these deductions to align with legal provisions and judicial interpretations. Case-Laws Income Tax Thu, 19 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212847