2000 (2) TMI 60 - HC - Income Tax

Summary

The High Court Bombay dismissed the appeal by the assessee challenging the Tribunal's order regarding deduction under section 80HHC for the assessment year 1987-88. The Tribunal found that the assessee had opportunities to create extra reserve but failed to do so, leading to no substantial question of law. The judgment of the Supreme Court in a different case was deemed irrelevant to the present matter. The appeal was dismissed with no costs.