https://www.taxtmi.com/caselaws?id=12999 The dominant issue was whether the taxpayer was entitled to deduction under s. 80HHC on export net profits, particularly the scope of disallowance under s. 80HHC(3)(b). The HC held that s. 80HHC(3)(b) permits proportionate disallowance only where the whole deduction claimed cannot be treated as export-related; it is not attracted when the income is wholly attributable to exports. As the record contained sufficient, undisputed documentary material establishing that the claimed income arose entirely from exports, the deduction was allowable. The reference was answered in favour of the taxpayer and against the Revenue. en-us Wed, 31 Oct 2001 00:00:00 +0530 Tue, 23 Dec 2025 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12999 The dominant issue was whether the taxpayer was entitled to deduction under s. 80HHC on export net profits, particularly the scope of disallowance under s. 80HHC(3)(b). The HC held that s. 80HHC(3)(b) permits proportionate disallowance only where the whole deduction claimed cannot be treated as export-related; it is not attracted when the income is wholly attributable to exports. As the record contained sufficient, undisputed documentary material establishing that the claimed income arose entirely from exports, the deduction was allowable. The reference was answered in favour of the taxpayer and against the Revenue. Case-Laws Income Tax Wed, 31 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12999