https://www.taxtmi.com/caselaws?id=77502 The court ruled in favor of the Revenue and against the assessee on the issue of excluding interest amounts from total turnover for computing deduction under section 80HHC of the Income-tax Act. The court partially allowed the appeal, emphasizing the importance of legal precedents in determining the treatment of expenses and income for deduction purposes. en-us Wed, 23 Dec 2009 00:00:00 +0530 Tue, 21 Sep 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77502 The court ruled in favor of the Revenue and against the assessee on the issue of excluding interest amounts from total turnover for computing deduction under section 80HHC of the Income-tax Act. The court partially allowed the appeal, emphasizing the importance of legal precedents in determining the treatment of expenses and income for deduction purposes. Case-Laws Income Tax Wed, 23 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77502