2011 (11) TMI 841 - HC - Income Tax

Summary

The Gujarat High Court, with Honourable Mr. Justice Akil Kureshi and Honourable Ms. Justice Sonia Gokani, considered a case where the Tribunal rejected the assessee's appeal based on its own decision from earlier years. The Court admitted the Tax Appeal for consideration of the substantial question of law regarding the calculation under section 80HHC of the Act, specifically whether turnover of all independent business should be clubbed or only turnover of export business should be considered. The appeal was to be heard with Tax Appeal No.1553 of 2007.