https://www.taxtmi.com/caselaws?id=14226 The High Court held that the assessee was not entitled to claim a deduction under Section 80HHC of the Income-tax Act for export turnover as they did not meet the essential conditions of engaging in the business of exporting goods outside India and receiving sale proceeds in convertible foreign exchange. The court ruled in favor of the Revenue, stating that the assessee's sales did not qualify as exports, thus denying the deduction. The Tribunal's referral of the question to the court was deemed unnecessary, and no costs were awarded in the case. en-us Tue, 27 Feb 2001 00:00:00 +0530 Tue, 14 Jul 2009 15:44:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14226 The High Court held that the assessee was not entitled to claim a deduction under Section 80HHC of the Income-tax Act for export turnover as they did not meet the essential conditions of engaging in the business of exporting goods outside India and receiving sale proceeds in convertible foreign exchange. The court ruled in favor of the Revenue, stating that the assessee's sales did not qualify as exports, thus denying the deduction. The Tribunal's referral of the question to the court was deemed unnecessary, and no costs were awarded in the case. Case-Laws Income Tax Tue, 27 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14226