https://www.taxtmi.com/caselaws?id=18537 Deduction under section 80HH is confined to profits and gains derived from the eligible industrial undertaking, and cannot be extended to income from other business activities. Where only part of the assessee's income is attributable to the industrial undertaking and no profit is shown from the concerned factory, relief is not allowable on the entire business income. The record did not justify treating non-eligible business profits as qualifying income merely because the assessee carried on an industrial undertaking. The question was answered in the negative, in favour of the Revenue. en-us Wed, 22 May 1996 00:00:00 +0530 Thu, 01 Oct 2009 15:20:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18537 Deduction under section 80HH is confined to profits and gains derived from the eligible industrial undertaking, and cannot be extended to income from other business activities. Where only part of the assessee's income is attributable to the industrial undertaking and no profit is shown from the concerned factory, relief is not allowable on the entire business income. The record did not justify treating non-eligible business profits as qualifying income merely because the assessee carried on an industrial undertaking. The question was answered in the negative, in favour of the Revenue. Case-Laws Income Tax Wed, 22 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18537