https://www.taxtmi.com/caselaws?id=9824 The High Court ruled in favor of the assessee, holding that the deduction under section 80-I should be allowed on the gross total income without reducing it by the deduction under section 80HHC. The Court relied on interpretations from previous judgments and clarified that section 80HHC(9) does not require recalculating the gross total income after adjusting deductions. The decision was based on maintaining consistency with legal positions accepted in subsequent assessment years, ultimately favoring the assessee over the Revenue. en-us Thu, 05 May 2005 00:00:00 +0530 Wed, 01 Jul 2009 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9824 The High Court ruled in favor of the assessee, holding that the deduction under section 80-I should be allowed on the gross total income without reducing it by the deduction under section 80HHC. The Court relied on interpretations from previous judgments and clarified that section 80HHC(9) does not require recalculating the gross total income after adjusting deductions. The decision was based on maintaining consistency with legal positions accepted in subsequent assessment years, ultimately favoring the assessee over the Revenue. Case-Laws Income Tax Thu, 05 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9824