Madras High Court: No Appeal Lies Against E-Court Status or Adjournment Orders  ||  Chhattisgarh HC: Judicial Officer Promotion Cannot be Denied on Complaint Without Disciplinary Action  ||  Delhi High Court: January 1 as Deemed Service Date For Delhi and Andaman Civil and Police Officers  ||  Delhi High Court: Private Media Houses Performing Public Functions are Subject to Writ Jurisdiction  ||  Rajasthan High Court Orders Registration of Pets That May Pose a Threat to Human Life  ||  Delhi High Court: NSE Qualifies as a Public Authority under the RTI Act  ||  Bombay High Court: Sikh Exemption From Helmet Rule is a Reasonable Classification under Article 14  ||  Supreme Court: Advocate Cannot Enter a Compromise Without the Client’s Authorisation  ||  Calcutta High Court: State Must Protect Every Accused From Mob Violence  ||  Supreme Court: Gujarat Municipal Election Candidates Must Disclose Their Spouses’ Assets    

Madras HC: Royalty Income Not Relatable to Export Business Excludable from Business Profit - (23 Jun 2022)

DIRECT TAXATION

Madras High Court has upheld the exclusion of royalty income from business profits for calculation of deduction under Section 80HHC of Income-Tax Act, 1961, since the assessee failed to prove royalty income is related to export business.

Tags : MADRAS HIGH COURT   ROYALTY INCOME   BUSINESS PROFIT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved