S. 80HHC – Deduction on DEPB to be computed as per SC ruling in Topman Exports

IN THE ITAT CHANDIGARH BENCH ‘A’ Jacob Export House V/s. Assistant Commissioner of Income-tax IT Appeal Nos. 319 & 320 (Chd.) of 2012 [Assessment years 2000-01 & 2001-02] May 11, 2012 ORDER H.L. Karwa, Vice-President  These two appeals filed by the assessee are directed against the separate orders of CIT(A)-I, Ludhiana dated 13.9.2011 relating to assessment years 2000-01 & 2001-02. 2. In these appeals, the assessee has taken the following common grounds:-  1.  That the Ld. CIT(A) while deciding the issue of deduction u/s 80HHC has erred in upholding...