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2003 (2) TMI 15 - HC - Income TaxWhether, while computing the relief under section 80HHC of the Income-tax Act, 1961, the processing charges (received by the assessee for processing cashew kernels belonging to third parties in the factory of the assessee) could be excluded from the turnover of the business? - that the processing charges received by the assessee cannot be included in the definition of total turnover in clause (ba) of the Explanation to section 80HHc. We are also of the view that the provisions of clauses (iiia), (iiib) and (iiic) of section 28 do not alter the position – Assessee’s appeal allowed
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