https://www.taxtmi.com/caselaws?id=35265 The appeal was allowed, the Tribunal's order was set aside, and the matter was remanded to the Tribunal for a fresh decision in accordance with the law. The judgment clarified the exclusion of Central Sales Tax and Sales Tax from the total turnover of the assessee for computing deduction under section 80 HHC. It also highlighted the need for reconsideration of excluding certain types of income from the profit of the business for the purpose of deduction under section 80 HHC. Additionally, the allowance of pre-operative expenses despite being treated as capital expenditure was addressed. en-us Thu, 12 Nov 2009 00:00:00 +0530 Tue, 09 Feb 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35265 The appeal was allowed, the Tribunal's order was set aside, and the matter was remanded to the Tribunal for a fresh decision in accordance with the law. The judgment clarified the exclusion of Central Sales Tax and Sales Tax from the total turnover of the assessee for computing deduction under section 80 HHC. It also highlighted the need for reconsideration of excluding certain types of income from the profit of the business for the purpose of deduction under section 80 HHC. Additionally, the allowance of pre-operative expenses despite being treated as capital expenditure was addressed. Case-Laws Income Tax Thu, 12 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35265