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2007 (9) TMI 225 - HC - Income TaxDeduction u/s 80HHC disallowed by AO on ground that book profit income computed u/s 115JA was negative – held that AO is not entitled to alter the profit & loss account prepared by assessee while arriving at the book profit – in view of non-obstante clause in sec. 115JA, it is clear that provision is a self-contained & no other provision would have effect on it – computation u/s80HHC should be limited to the case of profits of eligible category only – revenue appeal dismissed
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