https://www.taxtmi.com/caselaws?id=382998 The Court ruled in favor of the assessee on the inclusion of "Commission to sole selling agent" in the total turnover issue based on a previous decision. However, the Tribunal's duty to provide a detailed and reasoned order was upheld against the assessee. The treatment of "Royalty income" as business income under Section 80HHC was decided in favor of the Revenue. The eligibility of interest and profit of sale of assets for deduction under Section 80 IB was also denied to the assessee. Additionally, the Court sided with the Revenue regarding the consideration of "License fee" for the Makshi unit under Section 80HHC. Substantial questions of law were answered accordingly, with no costs awarded. en-us Tue, 02 Jul 2019 00:00:00 +0530 Mon, 15 Jul 2019 07:19:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382998 The Court ruled in favor of the assessee on the inclusion of "Commission to sole selling agent" in the total turnover issue based on a previous decision. However, the Tribunal's duty to provide a detailed and reasoned order was upheld against the assessee. The treatment of "Royalty income" as business income under Section 80HHC was decided in favor of the Revenue. The eligibility of interest and profit of sale of assets for deduction under Section 80 IB was also denied to the assessee. Additionally, the Court sided with the Revenue regarding the consideration of "License fee" for the Makshi unit under Section 80HHC. Substantial questions of law were answered accordingly, with no costs awarded. Case-Laws Income Tax Tue, 02 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382998