https://www.taxtmi.com/caselaws?id=13184 The High Court of Madras dismissed the appeal by the Revenue against the Income-tax Appellate Tribunal's decision regarding the exclusion of dyeing charges for deduction under section 80HHC of the Income Tax Act. The court found a clear nexus between the dyeing charges and the exported goods, emphasizing that such charges were integral to the assessee's trading receipts. As the assessee did not challenge the Commissioner's order, the court concluded that there was no substantial question of law to consider and upheld the exclusion of only the profit element of the dyeing charges from the business profits for the deduction under section 80HHC. en-us Tue, 31 Jan 2006 00:00:00 +0530 Wed, 27 May 2009 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13184 The High Court of Madras dismissed the appeal by the Revenue against the Income-tax Appellate Tribunal's decision regarding the exclusion of dyeing charges for deduction under section 80HHC of the Income Tax Act. The court found a clear nexus between the dyeing charges and the exported goods, emphasizing that such charges were integral to the assessee's trading receipts. As the assessee did not challenge the Commissioner's order, the court concluded that there was no substantial question of law to consider and upheld the exclusion of only the profit element of the dyeing charges from the business profits for the deduction under section 80HHC. Case-Laws Income Tax Tue, 31 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13184