In Brief
Veejay Marketing challenged the High Court's dismissal of its income tax appeal concerning eligibility for deduction under Section 80HHC. The High Court had relied on an earlier precedent holding that commission should not be considered. However, the Supreme Court had since reversed that precedent, establishing that commission must be considered for Section 80HHC deduction. The Supreme Court set aside the High Court's order and remanded the matter for fresh consideration in light of the reversed legal position, thereby disposing of the appeal."
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