1986 (12) TMI 97 - AT - Income Tax

Summary

The judgment by the Appellate Tribunal ITAT Jaipur in Citation 1986 (12) TMI 97 addressed the issue of deduction under section 80HHC of the Income-tax Act, 1961 for supplies to ONGC and Oil India Ltd. The Tribunal dismissed the appeal, stating that the supplies were not exports out of India as required by the law, and the Ministry of Commerce's notification did not make them eligible for the deduction.