https://www.taxtmi.com/caselaws?id=13530 The Madras High Court ruled in favor of the assessee, allowing the deduction under section 80HHC for the transfer of exhibition rights of a film outside India during the assessment year 1993-94. The court held that the transaction constituted the export of goods, met the criteria of section 80HHC, and the consideration received qualified as export proceeds, making the assessee eligible for the deduction. The court's decision aligned with interpretations by the Bombay High Court and legal principles established by the Supreme Court, ultimately dismissing the tax case appeal by the Revenue. en-us Wed, 29 Nov 2006 00:00:00 +0530 Fri, 29 May 2009 13:41:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13530 The Madras High Court ruled in favor of the assessee, allowing the deduction under section 80HHC for the transfer of exhibition rights of a film outside India during the assessment year 1993-94. The court held that the transaction constituted the export of goods, met the criteria of section 80HHC, and the consideration received qualified as export proceeds, making the assessee eligible for the deduction. The court's decision aligned with interpretations by the Bombay High Court and legal principles established by the Supreme Court, ultimately dismissing the tax case appeal by the Revenue. Case-Laws Income Tax Wed, 29 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13530