turnover of the business carried on by the undertaking
would consist of the turnover from export and the turnover from
local sales. The export turnover ... turnover is a part of the total turnover.
6. The export turnover, in the numerator must have the same
meaning as the export turnover which
total turnover. He also relied upon the definition of the word "total turnover" in the Explanation to the said section which defines total ... time. Under Clause fb) of the Explanation to Section 80HHC , export turnover is defined to mean sale proceeds received in India by the assessee
software", "export turnover", "profits of the business" and "total turnover" have been defined
Income-tax Rules ... doubt true that the word "export turnover" has been defined to mean 'sale proceeds' received or brought in India
dealers who are liable to pay tax but only those whose turnover of sales or purchases exceeds a certain limit. Another consideration before the legislature ... payable under section 5 ;".
Clauses (35) and (36) define "turnover of purchases" and "turnover of sales" respectively
calculating the total turnover, there is nothing wrong in treating the tax as part of the turnover, because turnover means the amount of money, which ... defined in the Act. Now the said expression has been defined in the Act and what has to be excluded from the total turnover
sale made ...."
7. Clause (36) of section 2 defines the expressing "turnover of sales". The material part of that definition ... defined the terms "sale" and "turnover". The term "turnover" was defined as meaning the aggregate amount for which goods
found in section 2(j)(a)(ii). Section 2(j) defines "turnover" as follows :
"'turnover' means the aggregate
aspect of "turnover" is concerned, Mr. Cooper has contended that the "turnover" is not defined in the DPCO. However, the word ... Sale Turnover" is defined in Section 2(w) of the DPCO to mean product of units of formulations sold multiplied by the retail price
turnover of sales at the rate specified in Sub-section (2) after deducting from such turnover the turnover of sales in respect of declared goods ... levied on the turnover of sales and the expression "turnover of sales" as defined under Section 2(p) means the aggregate
said period the Sales Tax Officer added to the taxable turnover of the applicants the said sum of Rs. 86,715 as being sales made ... Sales Tax Act, 1959. The said clause (36) of section 2 defined "turnover of sales" as meaning "the aggregate of the amounts
