assessee was not including the sale proceeds of scrap in the total turnover but was showing the same separately in the profit and loss account ... that if the total turnover increases, the advantage which the assessee would get under section 80HHC would decrease because the amount deductible substantially depends upon
assessee was not including the sale proceeds of scrap in the total turnover but was showing the same separately in the profit and loss account ... that if the total turnover increases, the advantage which the assessee would get under section 80HHC would decrease because the amount deductible substantially depends upon
expenses cannot have an element of turnover. He also
emphasized that for a receipt to be called as turnover, there should be an
element ... assessee in either of the units to either decrease the total turnover or
increase the profits of the business, thereby discharging the claim for
deduction
E.I.H. Ltd., Kolkata vs Department Of Income Tax on 9 December, 2015
IN
New Delhi Television Ltd.,, New Delhi vs Assessee on 30 September, 2015
IN THE INCOME
Phoenix Lamps India Ltd, vs Assessee on 23 October, 2015
1 ITA No.390 &
Siddarth Engineering Corporation, ... vs Assessee on 29 December, 2015
आयकर अपील�य अ�धकरण पुणे
