https://www.taxtmi.com/caselaws?id=245015 The Gujarat High Court affirmed the decision of the Income Tax Appellate Tribunal (ITAT) directing the exclusion of excise duty and sales tax from the total turnover for computing deductions under Section 80HHC. The court relied on Supreme Court precedents, emphasizing that excise duty and sales tax should not be considered part of the total turnover as they are collected on behalf of the government and do not involve turnover elements. The court dismissed the Revenue's appeal, maintaining that these components should be excluded from the calculation, in line with established legal interpretation. en-us Sat, 21 Dec 2013 00:00:00 +0530 Sat, 15 Mar 2014 15:27:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245015 The Gujarat High Court affirmed the decision of the Income Tax Appellate Tribunal (ITAT) directing the exclusion of excise duty and sales tax from the total turnover for computing deductions under Section 80HHC. The court relied on Supreme Court precedents, emphasizing that excise duty and sales tax should not be considered part of the total turnover as they are collected on behalf of the government and do not involve turnover elements. The court dismissed the Revenue's appeal, maintaining that these components should be excluded from the calculation, in line with established legal interpretation. Case-Laws Income Tax Sat, 21 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245015