Begin typing your search above and press return to search.
![Incentive Profits needs to be excluded from Gross Total Income, If It don’t have nexus with Export Turn Over: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Incentive-Profits-Madras-High-Court-Taxscan.jpg "Incentive Profits needs to be excluded from Gross Total Income, If It don’t have nexus with Export Turn Over: Madras HC [Read Judgment]")
Incentive Profits needs to be excluded from Gross Total Income, If It don’t have nexus with Export Turn Over: Madras HC [Read Judgment]
In, M/s. Ashok Leyland Ltd vs. The Deputy Commissioner of Income Tax, a division bench of the Madras High Court held that incentive profits having no...