Dismissing the appeal of the revenue the Court held that the Tribunal is justified in holding that the deduction is allowable on the basis of finally assessed income. (AY. 1994 -95)
CIT v. Apollo Tyres Ltd. (No. 3) (2019) 416 ITR 554 (Ker.)(HC)
S. 80HHC : Export business-Deduction is allowable on the basis of finally assessed income.