Deduction of Income tax u/s 80HHC and 80HHE of the Income-tax Act, 1961

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....s To All the Chief Commissioner of Income Tax All the Directors General of Income Tax SUBJECT: Deduction of Income tax u/s 80HHC and 80HHE of the Income-tax Act, 1961 Madam/Sir, It has been brought to the notice of the Board that exporters are facing difficulties while calculating the amount of deduction available u/s 80HHC and 80HHE of the Income-tax Act, 1961. 2. Accordingly, a Committee,....

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....try. (iv) Any other issue of controversial nature pertaining to Section 80HHC & 80HHE. 3. The Committee will examine the various representations and court decisions within 3 months and then submit its report to the Board for approval. Thereafter, the Board will consider issuing necessary guidelines so as to reduce litigation/unnecessary tax demand created. 4. It has, therefore, been decided to ....