https://www.taxtmi.com/caselaws?id=181376 The Tribunal ruled in favor of the assessee on various issues, including the deduction under Section 80HHC on DEPB licenses, exclusion of Sales Tax and Excise Duty from total turnover, inclusion of late payment receipts from customers in business profits, inclusion of commission and clearing charges in business profits, and disallowance of housekeeping charges under Section 40A(2)(b). The Tribunal provided specific directions for the Assessing Officer to compute deductions and profits in accordance with legal precedents, resulting in a favorable outcome for the assessee in most matters. en-us Fri, 06 Nov 2009 00:00:00 +0530 Fri, 15 Apr 2016 15:39:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181376 The Tribunal ruled in favor of the assessee on various issues, including the deduction under Section 80HHC on DEPB licenses, exclusion of Sales Tax and Excise Duty from total turnover, inclusion of late payment receipts from customers in business profits, inclusion of commission and clearing charges in business profits, and disallowance of housekeeping charges under Section 40A(2)(b). The Tribunal provided specific directions for the Assessing Officer to compute deductions and profits in accordance with legal precedents, resulting in a favorable outcome for the assessee in most matters. Case-Laws Income Tax Fri, 06 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181376