https://www.taxtmi.com/caselaws?id=242591 The High Court affirmed the decision of the ITAT to exclude excise duty and sales tax from the total turnover for calculating deductions under Section 80HHC of the Income Tax Act. Citing Supreme Court precedents, the Court held that these components should not be included in turnover as they lack a direct nexus with export activities and are collected on behalf of the government. The Court emphasized that despite arguments regarding Section 145A, there was no amendment affecting the Supreme Court's interpretation. The appeal was dismissed without costs. en-us Sat, 21 Dec 2013 00:00:00 +0530 Sat, 18 Jan 2014 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242591 The High Court affirmed the decision of the ITAT to exclude excise duty and sales tax from the total turnover for calculating deductions under Section 80HHC of the Income Tax Act. Citing Supreme Court precedents, the Court held that these components should not be included in turnover as they lack a direct nexus with export activities and are collected on behalf of the government. The Court emphasized that despite arguments regarding Section 145A, there was no amendment affecting the Supreme Court's interpretation. The appeal was dismissed without costs. Case-Laws Income Tax Sat, 21 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242591