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of <h1>ITAT Delhi A Bench Rules Cash Compensatory Support to Exporters Taxable, Aligns with Calcutta High Court Decision.</h1> The Income Tax Appellate Tribunal (ITAT) Delhi Bench initially ruled that Cash Compensatory Support (CCS) provided to exporters was not taxable, as seen in the case of a private company. However, in a later decision involving another corporation, the ITAT A Bench, Delhi, disagreed, determining that CCS should be considered taxable as a trading receipt. This decision was supported by a Calcutta High Court judgment, which is the only direct High Court ruling on the matter. This legal position should be communicated to all relevant officers.
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