https://www.taxtmi.com/caselaws?id=14275 Section 80AB requires Chapter VI-A deductions to be computed only on income first determined under the Income-tax Act, so profits of the industrial undertaking must be worked out after normal statutory adjustments, including set-off of unabsorbed investment allowance under section 32A, before any deduction under section 80HH is applied. The article states that section 80HH cannot be calculated on commercial profits divorced from the Act's computation provisions, and that the deduction is available only on profits and gains computed in accordance with the Act after giving effect to section 32A. en-us Tue, 06 Feb 2001 00:00:00 +0530 Tue, 14 Jul 2009 18:23:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14275 Section 80AB requires Chapter VI-A deductions to be computed only on income first determined under the Income-tax Act, so profits of the industrial undertaking must be worked out after normal statutory adjustments, including set-off of unabsorbed investment allowance under section 32A, before any deduction under section 80HH is applied. The article states that section 80HH cannot be calculated on commercial profits divorced from the Act's computation provisions, and that the deduction is available only on profits and gains computed in accordance with the Act after giving effect to section 32A. Case-Laws Income Tax Tue, 06 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14275