https://www.taxtmi.com/caselaws?id=278415 The Tribunal upheld the CIT(A)'s decisions on the capital nature of compensation received, exclusion of certain taxes from total turnover under Section 80HHC, and the direct cost method for stock valuation. However, it reversed the CIT(A) on guest house rent and interest under Section 234B, aligning with Supreme Court rulings. The issue of advance excise duty under Section 43B was remanded for reconsideration. en-us Tue, 05 Apr 2016 00:00:00 +0530 Fri, 01 Feb 2019 06:58:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278415 The Tribunal upheld the CIT(A)'s decisions on the capital nature of compensation received, exclusion of certain taxes from total turnover under Section 80HHC, and the direct cost method for stock valuation. However, it reversed the CIT(A) on guest house rent and interest under Section 234B, aligning with Supreme Court rulings. The issue of advance excise duty under Section 43B was remanded for reconsideration. Case-Laws Income Tax Tue, 05 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278415