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DMAI NOTICE BOARD
 
  Deduction under Sec. 80HHC of Income Tax Act
 

DMAI/CIR/30/2011-2012                              28th February 2012

 

TO ALL MEMBERS OF THE ASSOCIATION

 

Dear Sir,

 

        Re : Deduction under Sec. 80HHC of Income Tax Act

 

As you are aware, Federation of Indian Export Organisations (FIEO) under the aegis of All India Exporter’s Grievances Forum (AIEGF) was fighting the case with Supreme Court of India for deduction of DEPB under Sec. 80HHC of Income Tax Act for the last few years. 

We are now given to understand from AIEGF that the Supreme Court has passed a favourable judgment in the 80HHC case upholding the Tribunal Judgment.  Further, Supreme Court has now transferred all the petitions challenging the constitutional validity of Sec.80HHC to Hon.Chief Justice of Gujarat High Court for final hearing and disposal.  We send herewith both the SC Orders in the enclosed attachment for your kind information and perusal. 

 

Thanking you,

 

Yours faithfully,

For The Dyestuffs Manufacturers’ Association of India

 

 

  (S. BALASUNDARAM)

EXECUTIVE SECRETARY

 

Encl : as above

 


Attachment :-

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