https://www.taxtmi.com/caselaws?id=181734 The Tribunal allowed the assessee's appeal regarding the denial of claim under Section 80HHE on 10% of profits, citing harmony between sections 10B and 80HHE. The expenses incurred in foreign currency were to be excluded from export and total turnover under Section 10B, subject to verification. The issue of telecommunication expenditure was dismissed but aligned with the decision on foreign currency expenses. The Tribunal upheld the deduction for loss on foreign exchange fluctuation and dismissed the levy of interest under Section 234D. The assessee's appeal was partly allowed, partly for statistical purposes, while the Revenue's appeal was dismissed. en-us Fri, 18 Mar 2011 00:00:00 +0530 Fri, 22 Apr 2016 18:00:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181734 The Tribunal allowed the assessee's appeal regarding the denial of claim under Section 80HHE on 10% of profits, citing harmony between sections 10B and 80HHE. The expenses incurred in foreign currency were to be excluded from export and total turnover under Section 10B, subject to verification. The issue of telecommunication expenditure was dismissed but aligned with the decision on foreign currency expenses. The Tribunal upheld the deduction for loss on foreign exchange fluctuation and dismissed the levy of interest under Section 234D. The assessee's appeal was partly allowed, partly for statistical purposes, while the Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 18 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181734