Excise duty and sales tax to be excluded from total turnover for deduction u/s 80HHC

ACIT Vs Wyeth Ltd  (ITAT Mumbai)

ITAT Mumbai held that excise duty and sales tax is to be excluded from total turnover while claiming deduction under section 80HHC of the Income Tax Act.

Facts- The present appeal is preferred by revenue on the ground that the CIT(A) erred in deleting the addition on account of custom duty benefit against the advances which was not offered to taxation and CIT(A) has erred in directing the A.O to grant of benefit u/s 80HHC of the Act in res

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