https://www.taxtmi.com/caselaws?id=10649 The High Court held that the export house premium should be excluded from the business profits under clause (baa) of the Explanation to section 80HHC. The assessee is entitled to a deduction under section 80HHC only to the extent of the disclaimer certificate issued by the Export House. Since no disclaimer certificate was produced, the assessee is not entitled to any deduction. The appeals filed by the Revenue were allowed, and the order of the Tribunal was set aside. The High Court declared that the assessee is not entitled to any deduction under section 80HHC for the export house premium. en-us Tue, 05 Jul 2005 00:00:00 +0530 Tue, 21 Jul 2009 08:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10649 The High Court held that the export house premium should be excluded from the business profits under clause (baa) of the Explanation to section 80HHC. The assessee is entitled to a deduction under section 80HHC only to the extent of the disclaimer certificate issued by the Export House. Since no disclaimer certificate was produced, the assessee is not entitled to any deduction. The appeals filed by the Revenue were allowed, and the order of the Tribunal was set aside. The High Court declared that the assessee is not entitled to any deduction under section 80HHC for the export house premium. Case-Laws Income Tax Tue, 05 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10649