https://www.taxtmi.com/caselaws?id=424184 The Supreme Court set aside the Tribunal's decision in a tax appeal case, ruling in favor of the Appellant engaged in export and cargo handling. The Appellant successfully argued that income from storage and handling, not directly linked to export turnover, should not be included in total turnover for tax deduction purposes under Section 80HHC. The Court emphasized the distinction between turnover and incidental income, supporting the Appellant's position that certain receipts should not be part of the turnover calculation. The Appeal was allowed, and the Tribunal's decision was overturned based on the principles established in a prior Supreme Court case. en-us Thu, 16 Jun 2022 00:00:00 +0530 Thu, 23 Jun 2022 09:24:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424184 The Supreme Court set aside the Tribunal's decision in a tax appeal case, ruling in favor of the Appellant engaged in export and cargo handling. The Appellant successfully argued that income from storage and handling, not directly linked to export turnover, should not be included in total turnover for tax deduction purposes under Section 80HHC. The Court emphasized the distinction between turnover and incidental income, supporting the Appellant's position that certain receipts should not be part of the turnover calculation. The Appeal was allowed, and the Tribunal's decision was overturned based on the principles established in a prior Supreme Court case. Case-Laws Income Tax Thu, 16 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424184