https://www.taxtmi.com/caselaws?id=264893 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to scrutinize if any expenditure was linked to excluded income like CENVAT receipts. The Tribunal stressed the exclusion of only net income of specific receipts from business profits, in line with the ACG Associated Capsules case. The decision was rendered on 29th October 2014. en-us Wed, 29 Oct 2014 00:00:00 +0530 Sun, 04 Oct 2015 12:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264893 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to scrutinize if any expenditure was linked to excluded income like CENVAT receipts. The Tribunal stressed the exclusion of only net income of specific receipts from business profits, in line with the ACG Associated Capsules case. The decision was rendered on 29th October 2014. Case-Laws Income Tax Wed, 29 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264893