https://www.taxtmi.com/caselaws?id=218172 The High Court allowed the appeal, ruling in favor of the assessee regarding the entitlement to statutory benefits under section 80 HHC for exports made during specific years. The court held that the export incentives should be excluded from the total income for the assessment year 1992-93 and that the deduction under Section 80HHC could be claimed in the year of actual receipt of the export incentive, in line with relevant provisions of the Income Tax Act and judicial precedents. en-us Thu, 26 Jul 2012 00:00:00 +0530 Wed, 10 Oct 2012 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218172 The High Court allowed the appeal, ruling in favor of the assessee regarding the entitlement to statutory benefits under section 80 HHC for exports made during specific years. The court held that the export incentives should be excluded from the total income for the assessment year 1992-93 and that the deduction under Section 80HHC could be claimed in the year of actual receipt of the export incentive, in line with relevant provisions of the Income Tax Act and judicial precedents. Case-Laws Income Tax Thu, 26 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218172