https://www.taxtmi.com/caselaws?id=379624 The Division Bench of the Gujarat High Court held that the retrospective effect of an amendment to Section 80HHC of the Income Tax Act was invalid as it disadvantaged certain assessees. The Supreme Court upheld this decision but clarified that all exporters, regardless of turnover, should receive benefits under Section 80HHC without additional conditions for those with turnover exceeding Rs. 10 Crores. The Writ Appeals by the Income Tax Department were disposed of accordingly, following the Supreme Court's ruling, with no costs awarded. en-us Thu, 28 Mar 2019 00:00:00 +0530 Tue, 09 Aug 2022 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379624 The Division Bench of the Gujarat High Court held that the retrospective effect of an amendment to Section 80HHC of the Income Tax Act was invalid as it disadvantaged certain assessees. The Supreme Court upheld this decision but clarified that all exporters, regardless of turnover, should receive benefits under Section 80HHC without additional conditions for those with turnover exceeding Rs. 10 Crores. The Writ Appeals by the Income Tax Department were disposed of accordingly, following the Supreme Court's ruling, with no costs awarded. Case-Laws Income Tax Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379624