https://www.taxtmi.com/caselaws?id=15033 Receipts such as interest, commission, labour charges and similar items lacking nexus with export activity cannot be included in business profits for deduction under section 80HHC(3). On a combined reading of clauses (b) and (ba) of the Explanation, only profits linked to export sale proceeds enter the statutory formula, so brokerage, commission, interest, rent and comparable receipts are excluded. The assessee's computation was therefore rejected. en-us Tue, 08 Aug 2000 00:00:00 +0530 Mon, 27 Jul 2009 17:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15033 Receipts such as interest, commission, labour charges and similar items lacking nexus with export activity cannot be included in business profits for deduction under section 80HHC(3). On a combined reading of clauses (b) and (ba) of the Explanation, only profits linked to export sale proceeds enter the statutory formula, so brokerage, commission, interest, rent and comparable receipts are excluded. The assessee's computation was therefore rejected. Case-Laws Income Tax Tue, 08 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15033