https://www.taxtmi.com/caselaws?id=120148 The Tribunal dismissed the revenue's appeal on the exclusion of excise duty and sales tax from total turnover for deductions under section 80HHC, following precedent. Regarding the reduction of gross job work receipts, the Tribunal disagreed with the CIT(A)'s decision and sent the issue back to the Assessing Officer for reevaluation. On the deduction of 90% scrap sales, the Tribunal directed the Assessing Officer to recalculate the deduction under section 80HHC. In the computation of total income under section 115JB, the Tribunal upheld the Assessing Officer's decision to deny the deduction under section 80HHC based on the statutory provisions. The appeal was partly allowed with instructions for reassessment on certain matters. en-us Wed, 31 May 2006 00:00:00 +0530 Tue, 17 Jul 2012 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120148 The Tribunal dismissed the revenue's appeal on the exclusion of excise duty and sales tax from total turnover for deductions under section 80HHC, following precedent. Regarding the reduction of gross job work receipts, the Tribunal disagreed with the CIT(A)'s decision and sent the issue back to the Assessing Officer for reevaluation. On the deduction of 90% scrap sales, the Tribunal directed the Assessing Officer to recalculate the deduction under section 80HHC. In the computation of total income under section 115JB, the Tribunal upheld the Assessing Officer's decision to deny the deduction under section 80HHC based on the statutory provisions. The appeal was partly allowed with instructions for reassessment on certain matters. Case-Laws Income Tax Wed, 31 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120148