https://www.taxtmi.com/caselaws?id=59655 The Tribunal directed the Assessing Officer to re-examine the deduction claim under section 80HHC, focusing on the correct computation of losses from manufacturing export and the treatment of interest and bill discounting income. The Tribunal emphasized the need to consider losses before applying the proviso to section 80HHC(3) and referred to relevant case law to support this approach. The Revenue's appeal was allowed for statistical purposes, with the case remanded to the AO for further assessment. en-us Fri, 16 Jul 2004 00:00:00 +0530 Fri, 31 Dec 2010 13:23:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59655 The Tribunal directed the Assessing Officer to re-examine the deduction claim under section 80HHC, focusing on the correct computation of losses from manufacturing export and the treatment of interest and bill discounting income. The Tribunal emphasized the need to consider losses before applying the proviso to section 80HHC(3) and referred to relevant case law to support this approach. The Revenue's appeal was allowed for statistical purposes, with the case remanded to the AO for further assessment. Case-Laws Income Tax Fri, 16 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59655