https://www.taxtmi.com/caselaws?id=241173 The appeal against the Income Tax Appellate Tribunal's judgment for the Assessment Year 1995-96 was dismissed. The Court held that excise duty and sales-tax receipts should not be included in the total turnover for deductions under Section 80HHC of the Act, in line with precedent. Additionally, interest earned on deposits should not be considered for deductions under Section 80IA, following previous rulings. The Court ruled against the revenue on both issues, leading to the dismissal of the appeal without costs. en-us Tue, 03 Dec 2013 00:00:00 +0530 Wed, 18 Dec 2013 08:48:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241173 The appeal against the Income Tax Appellate Tribunal's judgment for the Assessment Year 1995-96 was dismissed. The Court held that excise duty and sales-tax receipts should not be included in the total turnover for deductions under Section 80HHC of the Act, in line with precedent. Additionally, interest earned on deposits should not be considered for deductions under Section 80IA, following previous rulings. The Court ruled against the revenue on both issues, leading to the dismissal of the appeal without costs. Case-Laws Income Tax Tue, 03 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241173