Ajanta Pharma SUpreme Court decision

[PANKAJ JAIN]

S. 115JB "book profits" have to be reduced by deduction "eligible" u/s. 80HHC & not "actual" deduction

Does it mean that the Assessee can still claim the benefit of 80HHC eligible profit in computing book profit under section 115JB as 80% deduction of eligible profit has been reduced to 0%, but there is no change in the provisions related to computation of eligible profits.