https://www.taxtmi.com/caselaws?id=2044 The High Court ruled against the assessee in a case involving the interpretation of Section 80HHC for exporting cut and polished granites. The court held that post-amendment in 1991, only processed minerals and ores qualified for the deduction under Section 80HHC. Referring to a previous judgment, the court concluded that cut and polished granite fell under the exclusionary clause of minerals, making the assessee ineligible for the deduction. The appeal was allowed in favor of the Revenue, affirming that the assessee was not entitled to the deduction under Section 80HHC for exporting granites that were cut and polished. en-us Mon, 18 Jun 2007 00:00:00 +0530 Mon, 14 Apr 2014 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2044 The High Court ruled against the assessee in a case involving the interpretation of Section 80HHC for exporting cut and polished granites. The court held that post-amendment in 1991, only processed minerals and ores qualified for the deduction under Section 80HHC. Referring to a previous judgment, the court concluded that cut and polished granite fell under the exclusionary clause of minerals, making the assessee ineligible for the deduction. The appeal was allowed in favor of the Revenue, affirming that the assessee was not entitled to the deduction under Section 80HHC for exporting granites that were cut and polished. Case-Laws Income Tax Mon, 18 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2044