https://www.taxtmi.com/caselaws?id=212358 The court upheld the tribunal's decision, ruling in favor of the assessee and dismissing the revenue's appeals. It affirmed that receipts from sub contract services and scrap sales were justified in the income computation under Section 80HHC, as they were directly linked to the manufacturing operations of commutators. The judgment clarified the interpretation of Explanation (baa) to Section 80HHC, emphasizing the business nexus and supporting the inclusion of these receipts in the income from business and profits without interference. en-us Tue, 12 Apr 2011 00:00:00 +0530 Mon, 26 Mar 2012 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212358 The court upheld the tribunal's decision, ruling in favor of the assessee and dismissing the revenue's appeals. It affirmed that receipts from sub contract services and scrap sales were justified in the income computation under Section 80HHC, as they were directly linked to the manufacturing operations of commutators. The judgment clarified the interpretation of Explanation (baa) to Section 80HHC, emphasizing the business nexus and supporting the inclusion of these receipts in the income from business and profits without interference. Case-Laws Income Tax Tue, 12 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212358