https://www.taxtmi.com/caselaws?id=172842 The Court ruled against the assessee, denying the deduction under Chapter VI-A in the absence of taxable income. Consequently, the Court found it unnecessary to address the interpretation of the deduction under section 80HH and the allowance of deduction without adjusting other losses or depreciation. The judgment underscored the importance of statutory compliance for claiming tax benefits under the Income-tax Act. en-us Mon, 15 Mar 2004 00:00:00 +0530 Wed, 02 Sep 2015 13:00:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172842 The Court ruled against the assessee, denying the deduction under Chapter VI-A in the absence of taxable income. Consequently, the Court found it unnecessary to address the interpretation of the deduction under section 80HH and the allowance of deduction without adjusting other losses or depreciation. The judgment underscored the importance of statutory compliance for claiming tax benefits under the Income-tax Act. Case-Laws Income Tax Mon, 15 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172842