https://www.taxtmi.com/caselaws?id=217954 The Tribunal partly allowed the assessee's appeals for the assessment year 2003-04 for statistical purposes and allowed the appeals for the assessment year 2004-05 for statistical purposes. The issue centered on the calculation of deduction under Section 80HHC of the Income-tax Act, 1961, particularly concerning the exclusion of job work receipts and processing charges. The Tribunal remitted the matter back to the Assessing Officer for fresh consideration in accordance with established law, emphasizing the need to deduct only the net amount after expenses for the purpose of calculating the deduction under Section 80HHC. en-us Mon, 30 Apr 2012 00:00:00 +0530 Sat, 27 Oct 2012 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217954 The Tribunal partly allowed the assessee's appeals for the assessment year 2003-04 for statistical purposes and allowed the appeals for the assessment year 2004-05 for statistical purposes. The issue centered on the calculation of deduction under Section 80HHC of the Income-tax Act, 1961, particularly concerning the exclusion of job work receipts and processing charges. The Tribunal remitted the matter back to the Assessing Officer for fresh consideration in accordance with established law, emphasizing the need to deduct only the net amount after expenses for the purpose of calculating the deduction under Section 80HHC. Case-Laws Income Tax Mon, 30 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217954