https://www.taxtmi.com/caselaws?id=208227 The Tribunal upheld the Assessing Officer's method of proportionate calculation for deduction under section 80HHF, rejecting the separate treatment of export business. It remanded the inclusion of unrealized export turnover back to the AO for reassessment. Depreciation was allowed on the entire amount paid for office premises, considering the right to use and occupy the premises. The issue of interest under sections 234B and 234C was deemed consequential. The judgment highlights adherence to statutory provisions and a holistic approach in tax computations. en-us Wed, 22 Sep 2010 00:00:00 +0530 Mon, 09 Jan 2012 08:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208227 The Tribunal upheld the Assessing Officer's method of proportionate calculation for deduction under section 80HHF, rejecting the separate treatment of export business. It remanded the inclusion of unrealized export turnover back to the AO for reassessment. Depreciation was allowed on the entire amount paid for office premises, considering the right to use and occupy the premises. The issue of interest under sections 234B and 234C was deemed consequential. The judgment highlights adherence to statutory provisions and a holistic approach in tax computations. Case-Laws Income Tax Wed, 22 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208227