https://www.taxtmi.com/caselaws?id=240515 The appellate tribunal remitted the case back to the Assessing Officer (AO) for reconsideration in light of relevant provisions, specifically Explanation (j) to section 80HHF, providing an opportunity for the assessee to be heard. The Tribunal emphasized the importance of following statutory provisions and providing a fair hearing to the assessee in determining the interpretation of export turnover, treatment of duty draw back in computing business profits, and the classification of interest income as business income. en-us Fri, 25 Feb 2011 00:00:00 +0530 Fri, 06 Dec 2013 07:45:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240515 The appellate tribunal remitted the case back to the Assessing Officer (AO) for reconsideration in light of relevant provisions, specifically Explanation (j) to section 80HHF, providing an opportunity for the assessee to be heard. The Tribunal emphasized the importance of following statutory provisions and providing a fair hearing to the assessee in determining the interpretation of export turnover, treatment of duty draw back in computing business profits, and the classification of interest income as business income. Case-Laws Income Tax Fri, 25 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240515