https://www.taxtmi.com/caselaws?id=208236 The High Court ruled in favor of the Revenue, emphasizing the deduction of 90% of gross commission receipts for determining business profits under Explanation (baa) to Section 80HHC. The decision upheld the importance of considering gross receipts for deductions, in line with established legal principles and previous court rulings. en-us Tue, 29 Nov 2011 00:00:00 +0530 Thu, 03 Dec 2015 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208236 The High Court ruled in favor of the Revenue, emphasizing the deduction of 90% of gross commission receipts for determining business profits under Explanation (baa) to Section 80HHC. The decision upheld the importance of considering gross receipts for deductions, in line with established legal principles and previous court rulings. Case-Laws Income Tax Tue, 29 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208236