Case Law Details
Case Name : Shamanur Kallappa & Sons Vs ACIT (ITAT Bangalore 'A' Bench)
Related Assessment Year :
Courts :
All ITAT ITAT Bangalore
RELEVANT PARAGRAPH
7. A plain reading of the section would show that Sub. Sec (1) of 80HHC deals with deduction to be allowed to an assessee who is engaged in the business of export of goods or merchandise. The manner of determining the profits derived from export for the purpose of computation of deduction is provided in sub-sec (3), which has three clauses (a), (b), and (c ) covering three different aspects. The extent of profits available as deduction is provided in sub-sec (IB). There is a proviso to sub-sec (1) which is attracted when the assessee being a holder of an export house certifi...
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What is total export turn over?
Total of
1 Export by the manufacturer.
2 Sale to Export house.
OR only [1] above?