Supreme Court Upholds Constitutional Validity of Section 80HHC(3) Amendments on Exporter Tax Deductions Retroactive to 1998.

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....Constitutional validity of amendments in Section 80HHC(3) brought by the Taxation Laws (Amendment) Act, 2005 - Deduction in respect of DEPB and DFRC benefits - classification between exporters with less than Rs.10 crore and more than Rs. 10 crore export turnover - Amendment is wholly valid with retrospective effect from 1.4.1998 - HC....