https://www.taxtmi.com/caselaws?id=254814 The High Court upheld the Tribunal's decision to exclude indirect expenses and reduce indirect costs in the computation of deduction u/s.80HHC for AY 1997-98. The Court agreed with the findings of the lower authorities and ruled in favor of the assessee, citing the Supreme Court precedent. The appeal by the Revenue was dismissed, affirming the Tribunal's decision and denying the challenge to the judgment and order. en-us Mon, 22 Dec 2014 00:00:00 +0530 Thu, 01 Jan 2015 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254814 The High Court upheld the Tribunal's decision to exclude indirect expenses and reduce indirect costs in the computation of deduction u/s.80HHC for AY 1997-98. The Court agreed with the findings of the lower authorities and ruled in favor of the assessee, citing the Supreme Court precedent. The appeal by the Revenue was dismissed, affirming the Tribunal's decision and denying the challenge to the judgment and order. Case-Laws Income Tax Mon, 22 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254814