JEYAR CONSULTANT & INVESTMENT PVT. LTD. vs. COMMISSIONER OF INCOME TAX,MADRAS
C.A. No.-008912-008912 - 2003Supreme Court01 Apr 2015
Section 80H
disallowed the deduction claim of the assessee under
Section 80HHC of the Act on the ground that the 'profits of the
business computed under Section 80HHC indicated a negative
figure'. This view was accepted by all the Courts and affirmed by
this Court in the aforesaid judgment. Before this Court,
submission of the appellant/assessee was that a reading of
Section
