1999 (4) TMI 1 - SC - Income Tax

Assessee-firm is engaged in processing prawns and other sea food, which it exported - It also earned some import entitlements granted by the Central Government under an Export Promotion Scheme. The assessee was entitled to use the import entitlements itself or sell the same to others - Held that the receipt from the sale of import entitlements could not be included in the income of the assessee for the purpose of computing the relief under section 80HH