2000 (8) TMI 74 - BOMBAY HIGH COURT

Extract:
.......he profits earned by the assessee on account of service charges cannot be said to have a direct nexus with the export activities of the assessee. Hence, to that extent, the assessee was not entitled to claim deduction under section 80HHC. Accordingly, the impugned judgment of the Tribunal is set aside. Both the above appeals are allowed with costs.