Continental Construction Ltd. And Anr. vs Union Of India (Uoi) And Ors.

The Supreme Court interpreted Sections 80HHB and 80-O of the Income Tax Act, clarifying that different forms of foreign contracts may qualify for deductions under either section. The Court held that deductions available under Section 80HHB are exclusive to income directly relatable to that section, and thus, the challenge to the constitutionality of Section 80HHB(5) was dismissed. The appeal was dismissed, affirming the High Court's decision without costs.