For purposes of clause (iv) of Explanation 1 to section 115JB, extent of reduction in respect of deduction available under section 80HHC has to be computed strictly in accordance with provisions of section 80HHC

DECIDED BY: HIGH COURT OF BOMBAY, IN THE CASE OF: CIT Vs. Al-Kabeer Exports Ltd., APPEAL NO: ITA No. 2619 of 2010, DECIDED ON July 8/9, 2010

_____ORAL JUDGMENT______

The question of law

1. This appeal arises out of an order of the Income Tax Appellate Tribunal dated 21 October 2009 for Assessment Year 200304. The Revenue which is in appeal under Section 260A of the Income Tax Act, 1961 has

Please become a Premium member. If you are already a Premium member, login here to access the full content.