https://www.taxtmi.com/caselaws?id=16409 The court allowed the application, declaring Circular No. 600, dated 23rd May 1991, as inapplicable and its interpretation of Section 80HHC and Rule 8 as incorrect. The deduction under Section 80HHC should precede the income apportionment into agricultural and non-agricultural components. The court emphasized adopting an interpretation favorable to the assessee and the full application of the legal fiction created by Rule 8. The application was allowed without any order as to costs. en-us Thu, 24 Sep 1998 00:00:00 +0530 Mon, 07 Sep 2009 15:35:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16409 The court allowed the application, declaring Circular No. 600, dated 23rd May 1991, as inapplicable and its interpretation of Section 80HHC and Rule 8 as incorrect. The deduction under Section 80HHC should precede the income apportionment into agricultural and non-agricultural components. The court emphasized adopting an interpretation favorable to the assessee and the full application of the legal fiction created by Rule 8. The application was allowed without any order as to costs. Case-Laws Income Tax Thu, 24 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16409