https://www.taxtmi.com/caselaws?id=9812 The court held that for the assessment years 1987-88 and 1988-89, section 80HHC was not applicable to the export of granite. The court clarified that the 1991 amendment to section 80HHC, excluding processed minerals like cut and polished granite, was prospective from April 1, 1991. Relying on previous judgments and legislative intent, the court ruled in favor of the Revenue, denying the deduction under section 80HHC for the export of granite by the assessee for the specified years. en-us Tue, 21 Feb 2006 00:00:00 +0530 Wed, 01 Jul 2009 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9812 The court held that for the assessment years 1987-88 and 1988-89, section 80HHC was not applicable to the export of granite. The court clarified that the 1991 amendment to section 80HHC, excluding processed minerals like cut and polished granite, was prospective from April 1, 1991. Relying on previous judgments and legislative intent, the court ruled in favor of the Revenue, denying the deduction under section 80HHC for the export of granite by the assessee for the specified years. Case-Laws Income Tax Tue, 21 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9812