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![Benefit of Deduction u/s 80HHC not applicable to Loss/Negative profits: Gujarat High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Gujarat-High-Court-Tax-Scan-1.jpg "Benefit of Deduction u/s 80HHC not applicable to Loss/Negative profits: Gujarat High Court [Read Judgment]")
Benefit of Deduction u/s 80HHC not applicable to Loss/Negative profits: Gujarat High Court [Read Judgment]
The division bench of the Gujarat High Court, recently held that the benefit of deduction under section 80HHC of the Income Tax Act cannot be allowed...