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2016 (2) TMI 673 - SCH - Income TaxDeduction under Section 80HHC -inclusion of sale proceeds generated from the sale of scrap - Interpretation of term “Total turnover” - Held that:- As decided in Commissioner of Income Tax Vs. Punjab Stainless Steel Industries & Ors. reported in [2014 (5) TMI 238 - SUPREME COURT ] it has been held that sale proceeds generated from the sale of scrap would not be included in the total turnover for the purpose of deduction under Section 80HHC of the Income Tax Act, 1961.
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