1999 (10) TMI 9 - HC - Income Tax

Summary

The High Court of Karnataka ruled in favor of the assessee regarding the deduction under section 80HHC for export of rough unpolished granites for the assessment year 1992-93. The judgment was delivered by Judges ASHOK BHAN and R. GURURAJAN. The decision was based on a previous judgment in CIT v. God Granites [1999] 240 ITR 343 (Kar).