https://www.taxtmi.com/caselaws?id=397875 The Tribunal upheld the CIT(A)'s decisions, dismissing the revenue's appeals. It confirmed the treatment of expenditure on jigs and fixtures as revenue expenditure and excluded certain receipts from the total turnover for Section 80HHC deduction computation. The Tribunal's decision for the assessment year 1990-91 applied to subsequent years, leading to the dismissal of the revenue's appeals for those years as well. en-us Fri, 28 Aug 2020 00:00:00 +0530 Mon, 31 Aug 2020 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397875 The Tribunal upheld the CIT(A)'s decisions, dismissing the revenue's appeals. It confirmed the treatment of expenditure on jigs and fixtures as revenue expenditure and excluded certain receipts from the total turnover for Section 80HHC deduction computation. The Tribunal's decision for the assessment year 1990-91 applied to subsequent years, leading to the dismissal of the revenue's appeals for those years as well. Case-Laws Income Tax Fri, 28 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397875