2005 (8) TMI 711

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.... Section 80 HHF of the Income Tax Act, 1981 inserted by the Finance Act, 1999 w.e.f. 01.04.2000, inter alia, provides for a deduction to the extent of profits earned by the assessee from among others, the business of exporting television news software outside the country. It is common ground that the respondent is engaged in the export of television news software and has been claiming the benefit ....