https://www.taxtmi.com/caselaws?id=243588 The High Court held that the assessing officer's reduction of export turnover by deducting foreign commission under Section 80HHC of the Income Tax Act was not lawful. The Tribunal's decision to uphold the inclusion of the commission in the export turnover for Section 80HHC benefits was deemed correct. The judgment clarified that the commission paid to the foreign agent should not impact the export turnover calculation for tax deductions, emphasizing the definition of export turnover under the Income Tax Act. en-us Fri, 24 Jan 2014 00:00:00 +0530 Sat, 21 Feb 2015 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243588 The High Court held that the assessing officer's reduction of export turnover by deducting foreign commission under Section 80HHC of the Income Tax Act was not lawful. The Tribunal's decision to uphold the inclusion of the commission in the export turnover for Section 80HHC benefits was deemed correct. The judgment clarified that the commission paid to the foreign agent should not impact the export turnover calculation for tax deductions, emphasizing the definition of export turnover under the Income Tax Act. Case-Laws Income Tax Fri, 24 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243588