Deduction u/s 80HHC is not allowable if S. 80IA deductions are already claimed: ITAT on Inox India Matter

The ITAT ruled that deductions under Section 80HHC are not available if deductions under Section 80IA of the Income Tax Act have already been claimed. The case involved a taxpayer who sought to claim both deductions on the same income. The bench held that the two sections provide overlapping benefits, and therefore, claiming both deductions is not permissible. This ruling ensures that taxpayers cannot avail of multiple benefits on the same income, upholding the principle of avoiding double deductions. The decision brings clarity to the applicability of deductions under different sections of the Income Tax Act.