https://www.taxtmi.com/caselaws?id=208975 The High Court of Punjab and Haryana ruled that sales of scrap, being a by-product of manufacturing, should be included in the total turnover for calculating deductions under Section 80HHC of the Income-Tax Act, 1961. The Court held that the sale of scrap in the domestic market must be considered in determining the total turnover, contrary to the assessee's argument. Consequently, the Revenue's appeal was allowed, overturning the decision of the Commissioner of Income Tax (Appeals) and affirming that sales of scrap are integral to the turnover calculation for deductions under Section 80HHC. en-us Fri, 18 Mar 2011 00:00:00 +0530 Sat, 04 Feb 2012 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208975 The High Court of Punjab and Haryana ruled that sales of scrap, being a by-product of manufacturing, should be included in the total turnover for calculating deductions under Section 80HHC of the Income-Tax Act, 1961. The Court held that the sale of scrap in the domestic market must be considered in determining the total turnover, contrary to the assessee's argument. Consequently, the Revenue's appeal was allowed, overturning the decision of the Commissioner of Income Tax (Appeals) and affirming that sales of scrap are integral to the turnover calculation for deductions under Section 80HHC. Case-Laws Income Tax Fri, 18 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208975