https://www.taxtmi.com/caselaws?id=215462 The High Court dismissed the appeal, upholding the ITAT's decision to direct the assessing officer to re-calculate the indirect costs in accordance with the law. The judgment clarified the interpretation of Section 80HHC(3)(b) and emphasized the inclusion of all indirect costs in the calculation for trading transactions. en-us Mon, 21 Nov 2011 00:00:00 +0530 Mon, 06 Aug 2012 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215462 The High Court dismissed the appeal, upholding the ITAT's decision to direct the assessing officer to re-calculate the indirect costs in accordance with the law. The judgment clarified the interpretation of Section 80HHC(3)(b) and emphasized the inclusion of all indirect costs in the calculation for trading transactions. Case-Laws Income Tax Mon, 21 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215462