https://www.taxtmi.com/caselaws?id=205061 The Court upheld the decision of the Tribunal, ruling in favor of the assessee. It was determined that Sales Tax and Excise duty should be excluded from the total turnover for calculating profits derived from export under section 80HHC of the Income Tax Act 1961. The Court emphasized that certain items, including commission, interest, excise duty, and sales tax, do not constitute turnover for the purpose of claiming benefits under section 80HHC. The appeal was dismissed, and no costs were awarded. en-us Thu, 16 Jun 2011 00:00:00 +0530 Mon, 11 Jul 2011 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205061 The Court upheld the decision of the Tribunal, ruling in favor of the assessee. It was determined that Sales Tax and Excise duty should be excluded from the total turnover for calculating profits derived from export under section 80HHC of the Income Tax Act 1961. The Court emphasized that certain items, including commission, interest, excise duty, and sales tax, do not constitute turnover for the purpose of claiming benefits under section 80HHC. The appeal was dismissed, and no costs were awarded. Case-Laws Income Tax Thu, 16 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205061