https://www.taxtmi.com/caselaws?id=16471 The court held that the deduction under section 80HH must be calculated after considering the investment allowance under section 32A, denying relief to the assessee. Additionally, the court ruled in favor of the Revenue, stating that the assessee was not entitled to a deduction under section 80V for interest paid on public deposits used for income tax payments. The decision was based on previous court precedents and resulted in a judgment against the assessee on both issues. The reference was disposed of with no order as to costs. en-us Wed, 02 Dec 1998 00:00:00 +0530 Tue, 08 Sep 2009 10:53:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16471 The court held that the deduction under section 80HH must be calculated after considering the investment allowance under section 32A, denying relief to the assessee. Additionally, the court ruled in favor of the Revenue, stating that the assessee was not entitled to a deduction under section 80V for interest paid on public deposits used for income tax payments. The decision was based on previous court precedents and resulted in a judgment against the assessee on both issues. The reference was disposed of with no order as to costs. Case-Laws Income Tax Wed, 02 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16471