Supreme Court Allows Appeal in Income Tax Deduction Case — Clarifies Applicability of Section 80HHC. Citing the principle of proportionality, the court determined that profits from export sales are not a prerequisite for claiming deductions under Section 80HHC....
The dispute arose from a civil appeal concerning the entitlement of a limited company to claim a deduction under Section 80HHC of the Income Tax Act, 1961 for the Assessment Year 1990-91. The company ...




