https://www.taxtmi.com/caselaws?id=339309 The appeal was partly allowed in favor of the assessee regarding the computation of deduction under Section 80HHC and the calculation of indirect costs for export of trading goods. The court held that "total turnover" should be restricted to the business of goods to which the section applies and that indirect costs must be attributable to the export activity. However, the Revenue succeeded in the exclusion of 90% of amounts written back from profits of the business under Explanation (baa) of Section 80HHC. en-us Thu, 16 Feb 2017 00:00:00 +0530 Tue, 01 Aug 2017 10:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339309 The appeal was partly allowed in favor of the assessee regarding the computation of deduction under Section 80HHC and the calculation of indirect costs for export of trading goods. The court held that "total turnover" should be restricted to the business of goods to which the section applies and that indirect costs must be attributable to the export activity. However, the Revenue succeeded in the exclusion of 90% of amounts written back from profits of the business under Explanation (baa) of Section 80HHC. Case-Laws Income Tax Thu, 16 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339309