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2009 (4) TMI 37 - MADRAS HIGH COURTEligibility for deduction u/s 80HHC in case of export of both self manufactured goods and trading goods - A plain reading of section 80HHC makes it clear that, in such casesthe profits and losses in both trades have to be taken into consideration. If after such adjustments there is a positive profit the assessee would be entitled to deduction under Section 80HHC(1). If there is a loss the assessee would not be entitled to deduction
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