https://www.taxtmi.com/caselaws?id=3405 The court dismissed the appeals, affirming that profits from the export of dimensional granite blocks do not qualify for deduction under Section 80HHC of the Income Tax Act. The court held that the 1991 amendment excludes the export of granite from the deduction benefit, making it clear that only processed minerals subjected to cutting and polishing would qualify. The judgment emphasized that the exclusion applies to the specific case at hand, based on the interpretation of statutory provisions and precedents. en-us Mon, 17 Jul 2006 00:00:00 +0530 Mon, 28 Jul 2008 19:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3405 The court dismissed the appeals, affirming that profits from the export of dimensional granite blocks do not qualify for deduction under Section 80HHC of the Income Tax Act. The court held that the 1991 amendment excludes the export of granite from the deduction benefit, making it clear that only processed minerals subjected to cutting and polishing would qualify. The judgment emphasized that the exclusion applies to the specific case at hand, based on the interpretation of statutory provisions and precedents. Case-Laws Income Tax Mon, 17 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3405