https://www.taxtmi.com/caselaws?id=262606 The Supreme Court overturned the High Court's decision, ruling in favor of the appellant in a case involving the interpretation of provisions related to deduction under section 80HHC for profits derived from export. The Court emphasized the necessity of positive income from export to claim benefits under section 80HHC, setting aside the High Court's decision and reinstating the Assessing Officer's order. The appeal was disposed of in favor of the appellant, highlighting the significance of income positivity in export business for claiming deductions under section 80HHC. en-us Fri, 10 Apr 2015 00:00:00 +0530 Sat, 08 Sep 2018 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262606 The Supreme Court overturned the High Court's decision, ruling in favor of the appellant in a case involving the interpretation of provisions related to deduction under section 80HHC for profits derived from export. The Court emphasized the necessity of positive income from export to claim benefits under section 80HHC, setting aside the High Court's decision and reinstating the Assessing Officer's order. The appeal was disposed of in favor of the appellant, highlighting the significance of income positivity in export business for claiming deductions under section 80HHC. Case-Laws Income Tax Fri, 10 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262606