https://www.taxtmi.com/highlights?id=2912 Deduction u/s 80HHC - Ninety per cent of not the gross interest/rent but only the net interest/rent, which has been included in the profits of the business of the assessee as computed under the heads ‘PGBP’ is to be deducted under clause (1) of Explanation (baa) to Section 80HHC for determining the profits of the business..... - SC en-us Tue, 14 Feb 2012 11:15:36 +0530 Tue, 14 Feb 2012 11:15:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=2912 Deduction u/s 80HHC - Ninety per cent of not the gross interest/rent but only the net interest/rent, which has been included in the profits of the business of the assessee as computed under the heads ‘PGBP’ is to be deducted under clause (1) of Explanation (baa) to Section 80HHC for determining the profits of the business..... - SC Highlights Income Tax Tue, 14 Feb 2012 11:15:36 +0530 https://www.taxtmi.com/highlights?id=2912