https://www.taxtmi.com/caselaws?id=174632 The High Court of Karnataka affirmed the Tribunal's findings on various tax issues, including the eligibility of miscellaneous income for deduction under Section 10A, allowance of provision for advances as revenue expenditure, and exclusion of sales tax and excise duty from turnover for Section 80HHE computation. The Court remanded some matters back to the Assessing Officer for proper determination and declined to address issues already settled by higher courts or pending reassessment. The judgment highlights the significance of complying with statutory provisions and conducting tax planning within legal boundaries. en-us Tue, 05 Nov 2013 00:00:00 +0530 Wed, 11 Jan 2023 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174632 The High Court of Karnataka affirmed the Tribunal's findings on various tax issues, including the eligibility of miscellaneous income for deduction under Section 10A, allowance of provision for advances as revenue expenditure, and exclusion of sales tax and excise duty from turnover for Section 80HHE computation. The Court remanded some matters back to the Assessing Officer for proper determination and declined to address issues already settled by higher courts or pending reassessment. The judgment highlights the significance of complying with statutory provisions and conducting tax planning within legal boundaries. Case-Laws Income Tax Tue, 05 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174632