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The Gujarat High Court dismissed the appeal based on the decision in CIT v. Lakshmi Machine Works, which held that excise duty should be excluded from total turnover for deduction under Section 80HHC of the Income Tax Act.
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Home
The Gujarat High Court dismissed the appeal based on the decision in CIT v. Lakshmi Machine Works, which held that excise duty should be excluded from total turnover for deduction under Section 80HHC of the Income Tax Act.
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