2006 (9) TMI 343 - AT - Income Tax

Extract:
.......wer authorities were justified in reducing the profits of business of the undertaking by the amount of profits allowed as deduction under section 80-IA while computing the deduction under section 80HHC. 20. In view of the above discussion, the order of the Learned CIT (Appeals) is upheld. 21. In the result, assessee rsquo s appeal stands dismissed.