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2008 (9) TMI 7 - SC - Income TaxFormula to compute Export Profits – assessee is doing export business exclusively hence “export turnover & total turnover” would be identical, if the entire sale proceeds are brought into India in convertible foreign exchange within the prescribed time limit - HC had erred in relying upon the judgment of SC in IPCA Laboratory Ltd. – because Section 80HHC(3) has undergone amendments many times – further formula has undergone a change by several amendments – assessee’s appeal allowed
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