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    <title>2008 (3) TMI 697 - PUNJAB AND HARYANA HIGH COURT</title>
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    <description>The appeal under section 260A of the Income-tax Act, 1961 was dismissed by the court for the assessment year 2000-01. The court held that unabsorbed depreciation should not be reduced from business profits for deduction under section 80HHC, following established precedent. Additionally, Sales Tax, Central Sales Tax, and Service Charges of dyeing and knitting were to be excluded from the total turnover for the deduction under section 80HHC, in line with previous judgments favoring the assessee. As all substantial questions of law had been addressed and resolved in favor of the assessee, the appeal was dismissed.</description>
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    <pubDate>Mon, 10 Mar 2008 00:00:00 +0530</pubDate>
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      <title>2008 (3) TMI 697 - PUNJAB AND HARYANA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=182175</link>
      <description>The appeal under section 260A of the Income-tax Act, 1961 was dismissed by the court for the assessment year 2000-01. The court held that unabsorbed depreciation should not be reduced from business profits for deduction under section 80HHC, following established precedent. Additionally, Sales Tax, Central Sales Tax, and Service Charges of dyeing and knitting were to be excluded from the total turnover for the deduction under section 80HHC, in line with previous judgments favoring the assessee. As all substantial questions of law had been addressed and resolved in favor of the assessee, the appeal was dismissed.</description>
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      <pubDate>Mon, 10 Mar 2008 00:00:00 +0530</pubDate>
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