https://www.taxtmi.com/caselaws?id=61524 The Tribunal upheld the CIT(A)'s decision, allowing the deduction under section 80HHC without offsetting losses from export of goods. It clarified that High Court judgments are binding only within their jurisdiction, with Supreme Court decisions being universally binding. The Revenue's appeal was dismissed, affirming the assessee's entitlement to the deduction and establishing the non-binding nature of the Bombay High Court's judgment on Tribunals outside its jurisdiction. en-us Tue, 26 Nov 2002 00:00:00 +0530 Sat, 28 Jan 2017 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61524 The Tribunal upheld the CIT(A)'s decision, allowing the deduction under section 80HHC without offsetting losses from export of goods. It clarified that High Court judgments are binding only within their jurisdiction, with Supreme Court decisions being universally binding. The Revenue's appeal was dismissed, affirming the assessee's entitlement to the deduction and establishing the non-binding nature of the Bombay High Court's judgment on Tribunals outside its jurisdiction. Case-Laws Income Tax Tue, 26 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61524