https://www.taxtmi.com/caselaws?id=330612 The court dismissed the appeal, affirming that lease equalization charges are not reserves and gains from exchange rate fluctuations should not be included in total turnover for section 80HHC purposes. The Tribunal's reliance on established legal precedents was upheld, and no substantial questions of law were found to warrant interference. en-us Tue, 01 Mar 2016 00:00:00 +0530 Sat, 30 Jul 2016 18:55:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330612 The court dismissed the appeal, affirming that lease equalization charges are not reserves and gains from exchange rate fluctuations should not be included in total turnover for section 80HHC purposes. The Tribunal's reliance on established legal precedents was upheld, and no substantial questions of law were found to warrant interference. Case-Laws Income Tax Tue, 01 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330612