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holding that the appellant is not eligible for deduction under Section 80RR of the IT Act, 1961 and the reasons assigned by him in this ... Form No. 10H for the purpose of claiming deduction under Section 80RR of the Act. Subsequently, during the course of assessment proceedings the assessee filed

order of the learned Commissioner (Appeals) in disallowing the deduction under section 80RR of the Income Tax Act, 1961 (for short ... Form 10H. Therefore, the Assessing Officer denied the claim under section 80RR , inter-alia, in respect of above two amounts. Being aggrieved, the assessee filed

gains shall not be allowed under any sections of 80HH to 80RR and shall in no case exceed the profits and gains of the undertaking