![Section 80HHC of Income Tax Act not requires Exports Profits as Sole Source of Income: ITAT allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-Tax-Act-Exports-Profits-as-Sole-Source-of-Income-ITAT-allows-Deduction-ITAT-Deduction-Exports-Profits-taxscan.jpg "Section 80HHC of Income Tax Act not requires Exports Profits as Sole Source of Income: ITAT allows Deduction [Read Order]")
Section 80HHC of Income Tax Act not requires Exports Profits as Sole Source of Income: ITAT allows Deduction [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that businesses can avail of benefits under Section 80HHC of Income Tax Act,...
![No disallowance on claim of prior Period Expenses on Customs Duty paid due to unable to Perform Export:ITAT [ Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/disallowance-claim-prior-Period-Expenses-Customs-Duty-Perform-Export-ITAT.jpg "No disallowance on claim of prior Period Expenses on Customs Duty paid due to unable to Perform Export:ITAT [ Read Order]")
Expenditure Incurred on Foreign Currency on Telecommunications Charges and Technical Services Outside India, not Excluded from Export Turnover: ITAT Allows Income Tax Deduction to Tech Mahindra [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that expenditure incurred on foreign currency on telecommunication charges and provision of technical services outside of India should...
![Expenditure Incurred on Foreign Currency on Telecommunications Charges and Technical Services Outside India, not Excluded from Export Turnover: ITAT Allows Income Tax Deduction to Tech Mahindra [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Expenditure-Incurred-on-Foreign-Currency-Expenditure-Incurred-Foreign-Currency-Telecommunications-Charges-ITAT-Allows-Income-Tax-Deduction-to-Tech-Mahindra-ITAT-Taxscan.jpg "Expenditure Incurred on Foreign Currency on Telecommunications Charges and Technical Services Outside India, not Excluded from Export Turnover: ITAT Allows Income Tax Deduction to Tech Mahindra [Read Order]")
DPIIT notifies Compulsory Standard Mark in Portable Water Bottles and Flame Producing Lighters [Read Order]
The Department for Promotion of Industry and Internal Trade (DPIIT) has notified the order on compulsory standard mark in the portable water bottles and flame producing lighters vide notification...
DGFT notifies Procedure for Allocation of broken rice on Humanitarian and Foods Security Grounds to Other Countries
The Directorate General of Foreign Trade (DGFT) has notified the procedure of allocation of the broken rice on humanitarian and food security grounds to other countries on the request of the...
![5% GST applicable on Pre-Packaged & Labelled Rice up to 25 Kg for the purpose of Export: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/GST-Pre-Packaged-Labelled-Rice-Export-AAR-taxscan.jpg "5% GST applicable on Pre-Packaged & Labelled Rice up to 25 Kg for the purpose of Export: AAR [Read Order]")
DGFT Amends SION E -121 for Export of Refined Soyabean Oil (edible grade) with Revised Import Entitlements [Read Notification]
The Directorate of Foreign Trade (DGFT) under the Ministry of Commerce and Industry, vide notification No. 16 / 2023 published on 21st June 2023 has amended the Standard Input Output Norm (SION)...
Failure Of CHA to Verify KYC Document of Bogus Firm Created With Forged Document does not amount to Abetment of Export: CESTAT Sets aside Penalty
The New Delhi bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the failure of the Customs House Agent (CHA) to verify the KYC document of a bogus firm created...
