#Section 80HHC
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Addition towards alleged bogus purchases unsustainable as cross examination not allowed

Dividend earned from Egypt would not be taxable in India as per DTAA: ITAT

Reduce Section 80IA/80IB deduction from Business Profits for 80HHC deduction

Highseas Sale is non-speculative transaction as there is proper delivery of goods

Foreign travel expense of company employees’ spouse who accompanied on official tour is allowable

Depreciation on goodwill allowable once existence of goodwill is established

Deduction u/s 10B available against interest on bank deposits, receipts of subsidy and insurance claim

Addition u/s 69C sustained as search in group concern proved maintaining of books of accounts outside regular books

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

Retrospective amendment will not attract provisions of Section 263

Royalty income excludible from business profits for calculation of section 80HHC deduction

ITAT allows Deduction u/s 80HH, 80I & 80IA on Processed Natural Gas Supply

No Section 234B Interest for Advance Tax Shortfall due to Retrospective Amendment

Section 80HHC Exchange Rate Fluctuations is Export Turnover
Explore the latest Section 80HHC updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
