https://www.taxtmi.com/caselaws?id=13522 The High Court ruled in favor of the Revenue, holding that relief under section 80HHC of the Income-tax Act is not applicable in cases of losses from export business. The court cited the Supreme Court's decision, which clarified that the deduction under section 80HHC is available only in the absence of losses from export business. Consequently, the High Court accepted the appeal, answered the questions of law in favor of the Revenue, and ordered accordingly without any costs. en-us Fri, 08 Dec 2006 00:00:00 +0530 Fri, 29 May 2009 12:59:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13522 The High Court ruled in favor of the Revenue, holding that relief under section 80HHC of the Income-tax Act is not applicable in cases of losses from export business. The court cited the Supreme Court's decision, which clarified that the deduction under section 80HHC is available only in the absence of losses from export business. Consequently, the High Court accepted the appeal, answered the questions of law in favor of the Revenue, and ordered accordingly without any costs. Case-Laws Income Tax Fri, 08 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13522