https://www.taxtmi.com/caselaws?id=55599 The Tribunal held that relief under section 80HH should be based on gross profits, including disallowed interest under section 40(b). It directed the ITO to compute relief accordingly for all relevant assessment years and deemed the rectification orders under section 154 as erroneous and not sustainable. Consequently, all appeals were allowed. en-us Wed, 15 Dec 1982 00:00:00 +0530 Mon, 29 Nov 2010 09:27:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55599 The Tribunal held that relief under section 80HH should be based on gross profits, including disallowed interest under section 40(b). It directed the ITO to compute relief accordingly for all relevant assessment years and deemed the rectification orders under section 154 as erroneous and not sustainable. Consequently, all appeals were allowed. Case-Laws Income Tax Wed, 15 Dec 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55599