Different business of the assessee can not be considered separately for the purpose of calculating the deductions under Section 80 HHC of the Act

Duncans Industries Limited Vs CIT (Calcutta High Court)- Under S. 80-HHC (1) the deduction is to be given in computing the total income of the assessee. In computing the total income of the assessee both profits as well as losses will have to be taken into consideration. Section 80-AB is relevant. It reads as follows

“80-AB. Where any deduction is required to be made or allowed under any section included in this chapter under the heading “C-Deductions in r

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