https://www.taxtmi.com/caselaws?id=178626 The Tribunal ruled in favor of the assessee in a case involving various issues under sections 80HHC and 80-I of the Income Tax Act. The key outcomes were: the premium received on import licenses was not to be included in total turnover, profits were not to be reduced by labor charges or interest received, deductions under section 80-I were disallowed due to the nature of the assessee's activities. The appeal was partly allowed, with specific adjustments made to the computation of profits and turnover. en-us Tue, 23 Feb 1999 00:00:00 +0530 Tue, 09 Feb 2016 18:43:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178626 The Tribunal ruled in favor of the assessee in a case involving various issues under sections 80HHC and 80-I of the Income Tax Act. The key outcomes were: the premium received on import licenses was not to be included in total turnover, profits were not to be reduced by labor charges or interest received, deductions under section 80-I were disallowed due to the nature of the assessee's activities. The appeal was partly allowed, with specific adjustments made to the computation of profits and turnover. Case-Laws Income Tax Tue, 23 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178626