TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>ITAT ruling: Export turnover alone for deduction under s. 80HHC. Assessee appeal allowed.</h1> The ITAT MADRAS-A allowed the appeal of the assessee, a limited company, regarding the calculation of deduction under s. 80HHC of the IT Act, 1961. The ... Computation The Appellate Tribunal ITAT MADRAS-A allowed the appeal of the assessee, a limited company, regarding the calculation of deduction under s. 80HHC of the IT Act, 1961. The Tribunal directed the AO to recalculate the deduction based solely on export turnover, excluding any loss from other activities. The decision was based on the interpretation that s. 80HHC requires exclusive treatment of export activity for deduction calculation. The appeal was allowed.
TaxTMI 
TaxTMI 
