https://www.taxtmi.com/caselaws?id=252574 The High Court ruled that deductions under Sections 80HH and 80-I should be claimed independently for each unit, not from the combined income of different sources. The decision was based on the Canara Workshops case, emphasizing the need to consider each industry separately for deductions. The Court highlighted the legislative intent and principles of the Income Tax Act, dismissing the appeal and underscoring the principle of stare decisis in resolving conflicting judgments. en-us Fri, 10 Oct 2014 00:00:00 +0530 Thu, 13 Aug 2015 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252574 The High Court ruled that deductions under Sections 80HH and 80-I should be claimed independently for each unit, not from the combined income of different sources. The decision was based on the Canara Workshops case, emphasizing the need to consider each industry separately for deductions. The Court highlighted the legislative intent and principles of the Income Tax Act, dismissing the appeal and underscoring the principle of stare decisis in resolving conflicting judgments. Case-Laws Income Tax Fri, 10 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252574