2015 (5) TMI 1202

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..... . vs. Commissioner of Income Tax [ 2012 (2) TMI 101 - SUPREME COURT ] We must record the caveat put forth by Mr. Pardiwala, the learned counsel for the respondent that this agreement is without prejudice to the contentions taken in the appeal filed by the assessee for the assessment (Assessment Year 1996-1997) - Substantial question of law is answered in the affirmative i.e. in favour of the .....

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..... se, the Tribunal was justified in directing the Assessing Officer to recompute the deduction u/s 80 HHC, by excluding 90% net profit on account of hire of barge charges, Machinery and Shipping agency fees, when the Explanation (baa) to Section 80 HHC explicitly refers to 90% of the receipts by way of brokerage, commission, interest, rent, charges or any other receipts of the similar nature include .....

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