https://www.taxtmi.com/caselaws?id=357984 The High Court ruled in favor of the Revenue, disallowing the inclusion of commission paid to a foreign agency in the export turnover for claiming benefits under Section 80HHC of the Income Tax Act, 1961. The court emphasized the requirement for sale proceeds to be brought back into India in convertible foreign exchange within the specified period to qualify for the provision. Compliance with the law's specific requirements is crucial for availing tax benefits, as illustrated in this case. en-us Wed, 14 Mar 2018 00:00:00 +0530 Tue, 03 Apr 2018 06:58:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357984 The High Court ruled in favor of the Revenue, disallowing the inclusion of commission paid to a foreign agency in the export turnover for claiming benefits under Section 80HHC of the Income Tax Act, 1961. The court emphasized the requirement for sale proceeds to be brought back into India in convertible foreign exchange within the specified period to qualify for the provision. Compliance with the law's specific requirements is crucial for availing tax benefits, as illustrated in this case. Case-Laws Income Tax Wed, 14 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357984