https://www.taxtmi.com/caselaws?id=330773 The High Court affirmed the Tribunal's decision to exclude Sales Tax and Excise Duty from the total turnover for computing deduction under section 80HHC, despite the insertion of section 145A of the Act. Relying on Supreme Court precedents, the Court held that these components should be excluded as they do not form part of turnover and are indirect taxes. The appeal was dismissed, ruling in favor of the assessee and against the revenue. en-us Fri, 29 Jul 2016 00:00:00 +0530 Fri, 05 Aug 2016 17:15:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330773 The High Court affirmed the Tribunal's decision to exclude Sales Tax and Excise Duty from the total turnover for computing deduction under section 80HHC, despite the insertion of section 145A of the Act. Relying on Supreme Court precedents, the Court held that these components should be excluded as they do not form part of turnover and are indirect taxes. The appeal was dismissed, ruling in favor of the assessee and against the revenue. Case-Laws Income Tax Fri, 29 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330773