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2004 (7) TMI 75 - HC - Income Tax"(i) Whether Tribunal was right to hold that deduction under section 80-IA is to be allowed on the gross total income of Rs. 1,25,98,790, even when deduction under section 80HHC was already claimed and allowed at Rs. 81,57,935 on the said GTI? (ii) Whether Tribunal was right in its wisdom to allow total tax benefit/double tax deduction under two different provisions of the Income-tax Act, i.e., sections 80HHC and 80-IA on the same gross total income of Rs. 1,25,98,790?" – Held that there is no restriction on allowing deductions under any other section of Chapter VI-A on the gross total income after deduction under section 80HHC. There is no justification to reduce the amount of gross total income for allowing deduction under section 80-IA – revenue’s appeal dismissed
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