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2006 (4) TMI 115 - HC - Income TaxAssessee purchased 105 computers and peripherals for Rs. 90, 91,063 and exported them and realised the sale proceeds of Rs. 90,91,063 - assessee did not derive any profit from the aforesaid export. On this aspect there is no dispute. In the absence of the assessee deriving any profit, the assessee is not entitled to deduction under section 80HHC. In that view of the matter, the Tribunal has committed serious error in interfering with the order passed by the Commissioner disallowing deduction
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