https://www.taxtmi.com/caselaws?id=359879 The court ruled in favor of the applicant assessee regarding the exclusion of excise duty from total turnover for Section 80HHC deduction. However, the court favored the respondent Revenue in determining that the expenditure on technical know-how falls under Section 35AB rather than Section 37 of the Income Tax Act, 1961. The court cited relevant precedents and interpretations to support its decision. The case was disposed of with no order as to costs. en-us Fri, 27 Apr 2018 00:00:00 +0530 Sat, 05 May 2018 08:43:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359879 The court ruled in favor of the applicant assessee regarding the exclusion of excise duty from total turnover for Section 80HHC deduction. However, the court favored the respondent Revenue in determining that the expenditure on technical know-how falls under Section 35AB rather than Section 37 of the Income Tax Act, 1961. The court cited relevant precedents and interpretations to support its decision. The case was disposed of with no order as to costs. Case-Laws Income Tax Fri, 27 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359879