Deduction U/s. 80I on Gross Income Is Allowed Without Excluding Deduction U/s. 80HH

A.CASE LAW CITATION B.BRIEF FACTS OF THE CASE AND QUESTION OF LAW BRIEF FACTS Brief Facts: The assessee is engaged in the business of manufacture and sale of rubber patches for tyre, tubes, uniseals, etc. For the period 01-01-1988 to 31-03-1989, relevant for the assessment year 1989-90, the return of income was filed by the respondent-assessee declaring Rs.53,93,390/- as income. By order dated 13-03-1992 the Assessing Officer inter alia held that deduction under Section 80-I could be allowed on the balance amount of income after it suffers a deduction under Section 80-HH. The Commissioner of ...