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2016 (8) TMI 157 - HC - Income TaxDeduction under section 80HHC - exclusion of Sales Tax and Excise duty from the total turnover for computing deduction under section 80HHC even after insertion of section 145A - Held that:- The question posed for our consideration in this appeal is answered in favour of the assessee and against the revenue and it is held that the Tribunal was justified in law and on facts in confirming the order passed by Commissioner (Appeals) directing to exclude Sales Tax and Excise duty from the total turnover for computing deduction under section 80HHC even after insertion of section 145A of the Act. See Commissioner of Income Tax v. Meghmani Industries Ltd. [2014 (1) TMI 808 - GUJARAT HIGH COURT ] - Decided against Revenue.
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