If a deduction under s 80-IA has been taken, a deduction under s 80HHC is not admissible

Gupta International Vs CIT, Karnal High Court of Punjab and Haryana ITA No. 174 of 2011 Decided on: 20 July 2011  Judgement This order will dispose of ITA Nos.174 and 175 of 2011 as both the appeals involve common questions of law. 2. ITA No.174 of 2011 has been preferred by the assessee under section 260A of the Income Tax Act, 1961 against the order of ITAT Delhi “C” Bench in ITA No. 2656/Delhi/2008 dated 10.7.2009 for the assessment year 2002-03 raising following substantial questions of law:- “a) Whether on the true and correct interpretation of the provisions of se...