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2013 (11) TMI 575 - AT - Income TaxComputation of deduction u/s 80HHC of the Income tax act - The assessee company is engaged in the business of providing consultancy services for railway projects. Assessee has claimed u/s. 80HHC deduction of Rs. 2,51,07,351/- – Held that:- Where an assessee runs and manages two separate units, one of which is engaged fully or partially in earning income through exports then, in the calculation of proportionate deductible profits for the purpose of deduction under S. 80HHC the 'total turnover of the business' would include only the turnover of the export business and not that of the domestic business - Same issue has been decided in favour of the assessee by the Tribunal in assessee's own case for asstt. Year 1995-96 and 1996-97 – Decided against the Revenue.
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