https://www.taxtmi.com/caselaws?id=2086 The Supreme Court dismissed the appeal, affirming the High Court's decision that the deduction under Section 80-HHC necessitates a positive profit after considering both profits and losses from exports. The Court clarified that losses cannot be ignored in computing the deduction, emphasizing the clear wording of the section. The appeal was dismissed with no order as to costs. en-us Mon, 10 Sep 2007 00:00:00 +0530 Mon, 06 Apr 2015 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2086 The Supreme Court dismissed the appeal, affirming the High Court's decision that the deduction under Section 80-HHC necessitates a positive profit after considering both profits and losses from exports. The Court clarified that losses cannot be ignored in computing the deduction, emphasizing the clear wording of the section. The appeal was dismissed with no order as to costs. Case-Laws Income Tax Mon, 10 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2086