https://www.taxtmi.com/caselaws?id=40402 The Supreme Court held that duty drawback and cash compensatory support should be considered as part of business profits for the purpose of deduction under s. 80HHC. The Court directed the Assessing Officer to calculate the deduction in accordance with the law applicable during the relevant assessment year, ruling in favor of the appellant and allowing the Civil Appeal with no order as to costs. en-us Thu, 01 May 2008 00:00:00 +0530 Fri, 20 Nov 2015 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40402 The Supreme Court held that duty drawback and cash compensatory support should be considered as part of business profits for the purpose of deduction under s. 80HHC. The Court directed the Assessing Officer to calculate the deduction in accordance with the law applicable during the relevant assessment year, ruling in favor of the appellant and allowing the Civil Appeal with no order as to costs. Case-Laws Income Tax Thu, 01 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40402