Commissioner Of Income Tax Karnal vs M/S Carpet India.Panipat(Haryana)

The Supreme Court upheld the High Court's decision that supporting manufacturers are entitled to deductions under Section 80HHC of the Income Tax Act, 1961, on par with direct exporters. The Court clarified that the provisions of Section 80HHC allow for deductions based on the profits derived from exports, emphasizing the importance of the Export House or Trading House certificates in determining the extent of such deductions. The judgment reaffirms the interpretation of the statute as it applies to supporting manufacturers, thereby dismissing the Revenue's appeals.