https://www.taxtmi.com/caselaws?id=212498 The Tribunal allowed the appeal by the assessee, directing that the turnover of the 100% export-oriented unit should be excluded from the total turnover for computing the deduction under section 80-HHC of the Income Tax Act. The Tribunal emphasized that including the turnover of the export-oriented unit would distort the computation of export profits and would result in double deductions, which is prohibited under the law. The assessing officer was instructed to recompute the deduction accordingly. en-us Mon, 31 Oct 2011 00:00:00 +0530 Thu, 22 Nov 2012 13:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212498 The Tribunal allowed the appeal by the assessee, directing that the turnover of the 100% export-oriented unit should be excluded from the total turnover for computing the deduction under section 80-HHC of the Income Tax Act. The Tribunal emphasized that including the turnover of the export-oriented unit would distort the computation of export profits and would result in double deductions, which is prohibited under the law. The assessing officer was instructed to recompute the deduction accordingly. Case-Laws Income Tax Mon, 31 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212498