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2017 (4) TMI 1107 - HC - Income TaxExplanation (baa) to Section 80HHC application to the Sales Tax Subsidy received by the Appellant - Held that:- Applying the ratio in Ravindaranathan Nair's case [2007 (11) TMI 10 - Supreme Court of India] to the fact situation prevailing in the present case, the refund of Sales Tax obtained by the Assessee has no direct bearing or attribute of the export component of the business carried on by the Assessee and hence the Assessee cannot seek to retain the same by deriving the benefit spelt out in Section 80HHC.
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