https://www.taxtmi.com/caselaws?id=289343 The Tribunal upheld the exclusion of freight and clearing charges from export turnover and total turnover for computing deduction under Section 10B. It confirmed the provision for Gratuity and classified the sale of the API division as a slump sale. The Tribunal remitted the deduction under Section 10B issue for reconsideration and the disallowance under Section 14A for re-examination by the Assessing Officer. The final orders included partial allowance of Revenue's appeal and dismissal of another appeal, while the Assessee's appeal was allowed for statistical purposes. en-us Fri, 18 Aug 2017 00:00:00 +0530 Sun, 26 Jul 2020 12:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289343 The Tribunal upheld the exclusion of freight and clearing charges from export turnover and total turnover for computing deduction under Section 10B. It confirmed the provision for Gratuity and classified the sale of the API division as a slump sale. The Tribunal remitted the deduction under Section 10B issue for reconsideration and the disallowance under Section 14A for re-examination by the Assessing Officer. The final orders included partial allowance of Revenue's appeal and dismissal of another appeal, while the Assessee's appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 18 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289343