Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2007 (3) TMI 206 - SC - Income Tax
Whether the export house premium received by the assessee is includible in the "profits of the business" while computing the deduction u/s 80HHC - assessee is engaged in the business of selling marine products both in the domestic market and also exporting it. The assessee is exporting directly to the buyers and also through export houses - submission of revenue that the premium earned by the respondent assessee is totally unrelated to export is fallacious - appeal of revenue is dismissed