Section 80HHC deduction not available on Sales Tax

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. Full Text of the High Court Judgment / Order is as follows:- This Tax Case Appeal is directed against the order passed by the Income Tax Appellate Tribunal Bench ‘A’, Chennai, in I.T.A.No. 2755/Mds/2005, dated 15.09.2006. 2. The following substantial question of law has been raised by the Appellant-Assessee for consideration: “ Whe...