Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2002 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2002 (10) TMI 90 - HC - Income Tax"Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in holding that interest on amount deposited as guarantee fund forms part of profit derived from the export business and should be included in the profit of the assessment for computing deductions under sections 80HH, 80HHC and 80-I?". - The question referred to us is, therefore, answered partly in favour of the assessee, i.e., in relation to the deduction under section 80HHC, and partly in favour of the Revenue in so far as the deductions claimed under sections 80HH and 80-I are concerned.
|