Export profit deduction under section 80HHC: abeyance of assessments and recoveries extended, administrative instruction issued. The Board directs an extension of the administrative moratorium on assessments, recovery proceedings and related enforcement in respect of claims under the export-profit deduction provision in section 80HHC, maintaining suspension of action for an additional specified period and instructs Chief Commissioners/Directors General to notify all officers in their regions to implement the extension.
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Export profit deduction under section 80HHC: abeyance of assessments and recoveries extended, administrative instruction issued.
The Board directs an extension of the administrative moratorium on assessments, recovery proceedings and related enforcement in respect of claims under the export-profit deduction provision in section 80HHC, maintaining suspension of action for an additional specified period and instructs Chief Commissioners/Directors General to notify all officers in their regions to implement the extension.
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