https://www.taxtmi.com/caselaws?id=188850 The Tribunal clarified that profits from exports are not a precondition for claiming deduction under section 80HHC(3)(b). Cash compensatory support and duty drawback qualify for deduction under section 80HHC(1) without proportionate calculation. Section 80HHC(3)(b) applies to apportion export profits even if local business differs. The Tribunal emphasized aggregating total turnover for profit computation. The matter was referred to the Division Bench for further proceedings in line with the Special Bench decision. en-us Mon, 12 Nov 2001 00:00:00 +0530 Sat, 17 Dec 2016 17:45:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188850 The Tribunal clarified that profits from exports are not a precondition for claiming deduction under section 80HHC(3)(b). Cash compensatory support and duty drawback qualify for deduction under section 80HHC(1) without proportionate calculation. Section 80HHC(3)(b) applies to apportion export profits even if local business differs. The Tribunal emphasized aggregating total turnover for profit computation. The matter was referred to the Division Bench for further proceedings in line with the Special Bench decision. Case-Laws Income Tax Mon, 12 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188850