https://www.taxtmi.com/caselaws?id=207526 The court upheld the appellate authorities' decision to exclude freight and insurance charges from the computation of export turnover and total turnover under section 80HHC. It was emphasized that these charges should not be deducted again as direct costs. The Assessing Officer was directed to recompute the deduction accordingly, with the substantial questions of law answered against the Revenue. The appeal was disposed of in favor of the assessee. en-us Wed, 16 Jun 2010 00:00:00 +0530 Mon, 26 Mar 2012 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207526 The court upheld the appellate authorities' decision to exclude freight and insurance charges from the computation of export turnover and total turnover under section 80HHC. It was emphasized that these charges should not be deducted again as direct costs. The Assessing Officer was directed to recompute the deduction accordingly, with the substantial questions of law answered against the Revenue. The appeal was disposed of in favor of the assessee. Case-Laws Income Tax Wed, 16 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207526