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2011 (6) TMI 156 - HC - Income TaxBenefit u/s 80HHC of the Act - As per the decision of the Supreme Court in the case of CIT Vs. Lakshmi Machine Works, (2007 -TMI - 6557 - SUPREME Court),the appeal is decided in favour of assessee - Held that:- The Tribunal was right in law and on facts in directing the Assessing Officer to exclude the sums relatable to Sales Tax and Excise duty as they do not form part of the total turnover for the purposes of computing profits derived from export, for claiming benefit under section 80HHC of the Act.
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