https://www.taxtmi.com/caselaws?id=398753 The High Court ruled in favor of the assessee on all four issues related to tax treatment of cash compensatory assistance, duty drawback, computation of profits for deduction under section 80HHC of the Income Tax Act, expenditure on upgrading personal computers, and expenditure on acquiring MS-OFFICE software. The Court referenced previous judgments and held that the substantial questions of law were answered against the revenue and in favor of the assessee, ultimately dismissing the appeal in favor of the assessee. en-us Wed, 09 Sep 2020 00:00:00 +0530 Thu, 24 Dec 2020 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398753 The High Court ruled in favor of the assessee on all four issues related to tax treatment of cash compensatory assistance, duty drawback, computation of profits for deduction under section 80HHC of the Income Tax Act, expenditure on upgrading personal computers, and expenditure on acquiring MS-OFFICE software. The Court referenced previous judgments and held that the substantial questions of law were answered against the revenue and in favor of the assessee, ultimately dismissing the appeal in favor of the assessee. Case-Laws Income Tax Wed, 09 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398753