2000 (8) TMI 75

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....APADIA J.---This appeal has been filed by the Department. It concerns the assessment year 1989-90. The assessee is a manufacturer, trader and exporter of diamonds. While calculating the deduction under section 80HHC(3), the assessee included labour charges, assistance and service charges as also interest in the business profits while applying the formula: Business profits X Export turnover/Total t....