2009 (12) TMI 21 - HC - Income Tax

Deduction u/s 80HHC versus Deduction u/s 80-I ITAT directed the A.O. not to deduct the amount of deduction in respect of 80 HHC for allowing the deduction under section 80 I of the Income Tax Act held that - that an assessee will be entitled to get benefit of Section 80-I and 80-HHC of the Income Tax Act, as both the sections are independent to each other Decision in Joint Commissioner Income Tax Vs. Mandideep Engineering and Packaging Inudstries (P) Ltd 2008 -TMI - 6565 - SUPREME Court , followed

Summary

The High Court of Allahabad dismissed an appeal filed under section 260-A of the Income Tax Act against an order related to assessment year 1989-90. The court upheld the Tribunal's decision to allow deductions under both section 80-I and 80-HHC of the Income Tax Act, stating that the sections are independent of each other. The appeal was dismissed on 1st December 2009.