https://www.taxtmi.com/caselaws?id=13325 The High Court upheld the Tribunal's decision regarding the exclusion of interest income from relief under section 80HHC of the Income-tax Act, emphasizing the requirement of a direct relationship to the export business. However, the Court remanded the issue of job tailoring receipts and nomination profit back to the Tribunal for further fact-finding and consideration, directing both parties to participate in the reevaluation process without being influenced by previous decisions. The judgment clarified the interpretation and application of section 80HHC in determining business profits for tax relief purposes. en-us Wed, 11 Oct 2006 00:00:00 +0530 Thu, 28 May 2009 11:34:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13325 The High Court upheld the Tribunal's decision regarding the exclusion of interest income from relief under section 80HHC of the Income-tax Act, emphasizing the requirement of a direct relationship to the export business. However, the Court remanded the issue of job tailoring receipts and nomination profit back to the Tribunal for further fact-finding and consideration, directing both parties to participate in the reevaluation process without being influenced by previous decisions. The judgment clarified the interpretation and application of section 80HHC in determining business profits for tax relief purposes. Case-Laws Income Tax Wed, 11 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13325