https://www.taxtmi.com/caselaws?id=5740 The SC held that an assessee-firm engaged in processing and exporting prawns and seafood could not include receipts from sale of import entitlements in income computation for section 80HH relief purposes. The firm had earned import entitlements under a Central Government Export Promotion Scheme, which could be either utilized or sold to others. The court determined that such receipts from selling these entitlements were not includible when calculating relief under section 80HH of the Income Tax Act. en-us Thu, 15 Apr 1999 00:00:00 +0530 Wed, 14 May 2025 12:53:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5740 The SC held that an assessee-firm engaged in processing and exporting prawns and seafood could not include receipts from sale of import entitlements in income computation for section 80HH relief purposes. The firm had earned import entitlements under a Central Government Export Promotion Scheme, which could be either utilized or sold to others. The court determined that such receipts from selling these entitlements were not includible when calculating relief under section 80HH of the Income Tax Act. Case-Laws Income Tax Thu, 15 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5740