https://www.taxtmi.com/caselaws?id=3174 The High Court upheld the exclusion of sales tax and central sales tax from the total turnover of the assessee for calculating deduction under section 80HHC, citing a previous judgment. Regarding the treatment of interest income as business income for the deduction, the Court remitted the matter back to the Tribunal for reconsideration, emphasizing the core issue of whether interest income could be considered business income under section 80HHC. The parties were directed to appear before the Tribunal for further proceedings, stressing the importance of properly addressing this issue. en-us Wed, 02 May 2007 00:00:00 +0530 Tue, 29 Jul 2008 19:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3174 The High Court upheld the exclusion of sales tax and central sales tax from the total turnover of the assessee for calculating deduction under section 80HHC, citing a previous judgment. Regarding the treatment of interest income as business income for the deduction, the Court remitted the matter back to the Tribunal for reconsideration, emphasizing the core issue of whether interest income could be considered business income under section 80HHC. The parties were directed to appear before the Tribunal for further proceedings, stressing the importance of properly addressing this issue. Case-Laws Income Tax Wed, 02 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3174