https://www.taxtmi.com/caselaws?id=449338 MAT computation under the book profit provisions preserves the benefit of deduction under section 80HHC, and the deduction is to be worked out with reference to adjusted book profit rather than regular income computation. Following the principles in Bhari Information Technology Systems and Syncome Formulations, the Tribunal treated the deduction as admissible for MAT purposes. Because the computation issues had not been properly examined earlier, the matter was remitted to the Assessing Officer for fresh quantification after giving the assessee an opportunity of hearing. en-us Wed, 07 Feb 2024 00:00:00 +0530 Fri, 09 Feb 2024 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449338 MAT computation under the book profit provisions preserves the benefit of deduction under section 80HHC, and the deduction is to be worked out with reference to adjusted book profit rather than regular income computation. Following the principles in Bhari Information Technology Systems and Syncome Formulations, the Tribunal treated the deduction as admissible for MAT purposes. Because the computation issues had not been properly examined earlier, the matter was remitted to the Assessing Officer for fresh quantification after giving the assessee an opportunity of hearing. Case-Laws Income Tax Wed, 07 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449338