https://www.taxtmi.com/caselaws?id=334718 The Tribunal allowed the appeal, ruling that in cases of loss on the sale of export incentives, no reduction should be made when calculating the deduction under section 80HHC of the Income Tax Act. The Tribunal directed the Assessing Officer to verify the appellant's claimed deduction accordingly, emphasizing adherence to this decision. This judgment provides clarity on the treatment of losses on the sale of export incentives for deduction purposes, offering guidance on interpreting and applying relevant provisions and court decisions. en-us Mon, 19 Sep 2016 00:00:00 +0530 Sat, 19 Nov 2016 12:03:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334718 The Tribunal allowed the appeal, ruling that in cases of loss on the sale of export incentives, no reduction should be made when calculating the deduction under section 80HHC of the Income Tax Act. The Tribunal directed the Assessing Officer to verify the appellant's claimed deduction accordingly, emphasizing adherence to this decision. This judgment provides clarity on the treatment of losses on the sale of export incentives for deduction purposes, offering guidance on interpreting and applying relevant provisions and court decisions. Case-Laws Income Tax Mon, 19 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334718