https://www.taxtmi.com/caselaws?id=60624 The Appellate Tribunal upheld the Income-tax Officer's computation of deduction under section 80HHC for an assessee engaged in tea cultivation and sales, based on 40% of the composite income rather than the entire income. The Tribunal emphasized that the specific apportionment rules for agricultural income, where 60% of the composite income in the tea industry is treated as exempt agricultural income, preclude including such income in deduction calculations. The Tribunal rejected the assessee's argument to consider the entire income for the deduction, affirming the decision and dismissing the appeal. en-us Wed, 08 Mar 1995 00:00:00 +0530 Fri, 07 Jan 2011 12:27:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60624 The Appellate Tribunal upheld the Income-tax Officer's computation of deduction under section 80HHC for an assessee engaged in tea cultivation and sales, based on 40% of the composite income rather than the entire income. The Tribunal emphasized that the specific apportionment rules for agricultural income, where 60% of the composite income in the tea industry is treated as exempt agricultural income, preclude including such income in deduction calculations. The Tribunal rejected the assessee's argument to consider the entire income for the deduction, affirming the decision and dismissing the appeal. Case-Laws Income Tax Wed, 08 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60624