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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Amendment to Section 80HHC(3) - Having seen the twin conditions ...


Supreme Court Clarifies Section 80HHC(3): No Tax Benefits for Exporters Post-April 1, 2005, Regardless of Turnover Size.

April 6, 2015

Case Laws     Income Tax     SC

Amendment to Section 80HHC(3) - Having seen the twin conditions and since 80HHC benefit is not available after 1.4.05, we are satisfied that cases of exporters having a turnover below and those above 10 cr. Should be treated similarly. - SC

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