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2004 (6) TMI 38 - KERALA HIGH COURTComputation of for the purpose of deduction under section 80HHC - "A plain reading of section 80HHC makes it clear that in arriving at profits earned from export of both self-manufactured goods and trading goods, the 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". – Revenue’s appeal accepted
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