https://www.taxtmi.com/caselaws?id=327161 The Court upheld the Assessing Officer's decision to exclude 90% of job work charges from business profits under Section 80HHC, as they lacked a nexus with export earnings. The appeal challenging the exclusion was dismissed, with the Court emphasizing the importance of factual and legal substantiation in such matters. The respondent was given the opportunity to demonstrate net expenses for job work charges to potentially qualify for exclusion based on net receipts under Explanation (baa) to Section 80HHC. en-us Tue, 26 Apr 2016 00:00:00 +0530 Thu, 05 May 2016 00:28:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327161 The Court upheld the Assessing Officer's decision to exclude 90% of job work charges from business profits under Section 80HHC, as they lacked a nexus with export earnings. The appeal challenging the exclusion was dismissed, with the Court emphasizing the importance of factual and legal substantiation in such matters. The respondent was given the opportunity to demonstrate net expenses for job work charges to potentially qualify for exclusion based on net receipts under Explanation (baa) to Section 80HHC. Case-Laws Income Tax Tue, 26 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327161