https://www.taxtmi.com/caselaws?id=60649 The Tribunal held that certain items closely connected with sales operations, such as subsidy on export and duty drawbacks, should be included in the total turnover for computing deduction under section 80HHC(3). However, items like rent recoveries, cash discounts, and provision written back should be excluded as they lack a direct connection to sales. The Tribunal emphasized maintaining parity in the computation of export profit between the numerator and denominator. The appeal was partially allowed, with the Tribunal's decision favoring inclusion of items closely linked to sales in the total turnover. en-us Fri, 18 Feb 2000 00:00:00 +0530 Fri, 07 Jan 2011 13:40:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60649 The Tribunal held that certain items closely connected with sales operations, such as subsidy on export and duty drawbacks, should be included in the total turnover for computing deduction under section 80HHC(3). However, items like rent recoveries, cash discounts, and provision written back should be excluded as they lack a direct connection to sales. The Tribunal emphasized maintaining parity in the computation of export profit between the numerator and denominator. The appeal was partially allowed, with the Tribunal's decision favoring inclusion of items closely linked to sales in the total turnover. Case-Laws Income Tax Fri, 18 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60649