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2003 (10) TMI 24 - HC - Income TaxCut and polished minerals - claim for deduction u/s 80HHC - Section 80HHC(2)(b) prior to amendment - Section 80HHC(2)(b)(ii) after amendment - When sub-section (2)(b)(ii) of section 80HHC of the Act is clear and unambiguous, on the basis of the subsequent amendment made to sub-section (2)(b)(ii) of section 80HHC by means of the Finance (No.2) Act of 1991, it is not permissible to take the view that cut and polished minerals are excluded from the purview of minerals under sub-section (2)(b)(ii) - assessees are not entitled to derive any benefit on the basis of the subsequent amendment made to section 80HHC(2)(b)(ii)
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