Deduction under section 80HHC requires auditor certification and annexures detailing export turnover, costs and supporting-manufacturer sales. Report form requiring an auditor to certify deductions claimed under section 80HHC for export profits and supporting-manufacturer claims, based on sales in convertible foreign exchange or sales to Export/Trading Houses supported by buyer certificates. The form specifies the assessee's identity, certified deduction amounts, auditor competence and signature, and requires reasons for any negative or qualified answers. Annexure A prescribes a detailed schedule for computing exporter deduction (turnovers, costs, adjusted profits, and deductible amount after supporting-manufacturer adjustments). Annexure B records supporting-manufacturer turnover, profit and transactional particulars with Export/Trading House certificates.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction under section 80HHC requires auditor certification and annexures detailing export turnover, costs and supporting-manufacturer sales.
Report form requiring an auditor to certify deductions claimed under section 80HHC for export profits and supporting-manufacturer claims, based on sales in convertible foreign exchange or sales to Export/Trading Houses supported by buyer certificates. The form specifies the assessee's identity, certified deduction amounts, auditor competence and signature, and requires reasons for any negative or qualified answers. Annexure A prescribes a detailed schedule for computing exporter deduction (turnovers, costs, adjusted profits, and deductible amount after supporting-manufacturer adjustments). Annexure B records supporting-manufacturer turnover, profit and transactional particulars with Export/Trading House certificates.
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