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2012 (5) TMI 197 - HC - Income TaxDeduction u/s 80HHC - exclusion of unrealized export receipts - definitions of 'export turnover' and 'total turnover' provided in explanation (b) and (ba) to 80 HHC of the Income Tax Act 1961 - held that:- Tribunal did not commit any error in directing the AO to exclude unrealized export receipts as they could have affected the calculation of total turnover in applying the formula. - Decided in favor of assessee.
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