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2007 (4) TMI 199 - HC - Income TaxExport - sales tax & excise duty collections - such statutory dues will not have any element of profit of business therefore, the sales tax & excise duty are not to be included in the total turnover while computing special deduction u/s 80 HHC - assessee had only replaced certain machinery without discontinuing their production activities so Tribunal was right in allowing a deduction of the amounts spent on replacement of machinery as revenue expenditure - no substantial questions of law arise
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