https://www.taxtmi.com/caselaws?id=250124 The case involved the interpretation of Section 80HHC of the Income Tax Act regarding the exclusion of amounts received on export turnover. The Income Tax Appellate Tribunal's decision to remand the case to the Assessing Officer for reconsideration was challenged. Ultimately, the Tribunal's order dated 26.2.2009 was accepted by the assessee, resulting in the disposal of the Tax Case (Appeal). The benefit under Section 80HHC was not applicable due to the belated receipt of sale proceeds, as determined based on the specific circumstances and legal provisions. en-us Wed, 23 Jul 2014 00:00:00 +0530 Mon, 04 Aug 2014 11:25:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250124 The case involved the interpretation of Section 80HHC of the Income Tax Act regarding the exclusion of amounts received on export turnover. The Income Tax Appellate Tribunal's decision to remand the case to the Assessing Officer for reconsideration was challenged. Ultimately, the Tribunal's order dated 26.2.2009 was accepted by the assessee, resulting in the disposal of the Tax Case (Appeal). The benefit under Section 80HHC was not applicable due to the belated receipt of sale proceeds, as determined based on the specific circumstances and legal provisions. Case-Laws Income Tax Wed, 23 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250124