https://www.taxtmi.com/caselaws?id=31155 The appeal was dismissed by the court based on previous decisions favoring the assessee. The court noted that the issue of reducing 10% of interest income from business profit had been decided in favor of the assessee by the Supreme Court in a prior case. Additionally, the court referenced a High Court judgment ruling against the revenue regarding the exclusion of Central Sales Tax and Sales Tax from the total turnover of the assessee for computing deduction under section 80 HHC. The court cited Supreme Court decisions supporting the assessee's position, leading to the dismissal of the appeal. en-us Thu, 24 Jan 2008 00:00:00 +0530 Mon, 20 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31155 The appeal was dismissed by the court based on previous decisions favoring the assessee. The court noted that the issue of reducing 10% of interest income from business profit had been decided in favor of the assessee by the Supreme Court in a prior case. Additionally, the court referenced a High Court judgment ruling against the revenue regarding the exclusion of Central Sales Tax and Sales Tax from the total turnover of the assessee for computing deduction under section 80 HHC. The court cited Supreme Court decisions supporting the assessee's position, leading to the dismissal of the appeal. Case-Laws Income Tax Thu, 24 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31155