Madras HC: Royalty Income Not Relatable to Export Business Excludable from Business Profit - 23.06.2022

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

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