https://www.taxtmi.com/caselaws?id=216196 The Tribunal allowed the assessee's miscellaneous application, amending the order for the assessment year 2003-04 to compute the profit eligible for deduction under section 80HHC without adjustments for brought forward business loss and unabsorbed depreciation. The Tribunal's decision emphasized the importance of recent legal precedents in interpreting tax laws for fair treatment of taxpayers. The issues regarding the computation of profit eligible for deduction under section 80HHC and adjustments while computing book profits under section 115JB were resolved in favor of the assessee. en-us Wed, 13 Jun 2012 00:00:00 +0530 Fri, 24 Aug 2012 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216196 The Tribunal allowed the assessee's miscellaneous application, amending the order for the assessment year 2003-04 to compute the profit eligible for deduction under section 80HHC without adjustments for brought forward business loss and unabsorbed depreciation. The Tribunal's decision emphasized the importance of recent legal precedents in interpreting tax laws for fair treatment of taxpayers. The issues regarding the computation of profit eligible for deduction under section 80HHC and adjustments while computing book profits under section 115JB were resolved in favor of the assessee. Case-Laws Income Tax Wed, 13 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216196