Deduction u/s 80IA and 80HHC are to be calculated independently on the eligible profits

ITAT Mumbai ITA No. 3006/Mum./2010 (Assessment Year : 2000-01) Date of Hearing: 19.05.2011 Systematic Exports V/s Asst. Commissioner of Income Tax ORDER PER J. SUDHAKAR REDDY, A.M. This appeal preferred by the assessee, is directed against theimpugned order dated 21stJanuary 2010, passed by the Commissioner (Appeals)-XXXI, Mumbai, for assessment year 2000-01, on the following ground:- “On the facts and circumstances of the case and in law, the learned CIT(A) has erred in upholding the order of the Assessing Officer who had erred in applying the direction given by Hon...