https://www.taxtmi.com/caselaws?id=10144 The High Court dismissed the appeal, affirming the Tribunal's decision that excise duty does not form part of the total turnover for calculating deductions under section 80HHC of the Income-tax Act. The Court held that excise duty and sales tax should not be included in the total turnover as they lack a profit element. Additionally, the Court supported the Tribunal's decision not to consider certain Supreme Court judgments on sales tax, noting the differing definitions of turnover under the Sales Tax Act and the Income-tax Act. en-us Fri, 15 Oct 2004 00:00:00 +0530 Wed, 08 Jul 2009 08:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10144 The High Court dismissed the appeal, affirming the Tribunal's decision that excise duty does not form part of the total turnover for calculating deductions under section 80HHC of the Income-tax Act. The Court held that excise duty and sales tax should not be included in the total turnover as they lack a profit element. Additionally, the Court supported the Tribunal's decision not to consider certain Supreme Court judgments on sales tax, noting the differing definitions of turnover under the Sales Tax Act and the Income-tax Act. Case-Laws Income Tax Fri, 15 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10144