https://www.taxtmi.com/caselaws?id=17899 While computing deduction under section 80HH, the eligible amount is the income as computed under the Act, read with section 80AB, and not gross income before statutory allowances. Depreciation and investment allowance must therefore be deducted before calculating the section 80HH relief. On that basis, the reference was answered in favour of the Revenue and against the assessee. en-us Mon, 20 Nov 1995 00:00:00 +0530 Fri, 25 Sep 2009 15:12:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17899 While computing deduction under section 80HH, the eligible amount is the income as computed under the Act, read with section 80AB, and not gross income before statutory allowances. Depreciation and investment allowance must therefore be deducted before calculating the section 80HH relief. On that basis, the reference was answered in favour of the Revenue and against the assessee. Case-Laws Income Tax Mon, 20 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17899