https://www.taxtmi.com/caselaws?id=10897 The court held that Section 80HH deductions are to be calculated on the net income after considering depreciation and investment allowance. The court ruled in favor of the Revenue and against the assessee, answering the questions referred in the affirmative. The case references were disposed of accordingly, following the precedent set by the Supreme Court. en-us Mon, 17 May 2004 00:00:00 +0530 Mon, 27 Jul 2009 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10897 The court held that Section 80HH deductions are to be calculated on the net income after considering depreciation and investment allowance. The court ruled in favor of the Revenue and against the assessee, answering the questions referred in the affirmative. The case references were disposed of accordingly, following the precedent set by the Supreme Court. Case-Laws Income Tax Mon, 17 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10897