https://www.taxtmi.com/caselaws?id=71937 The Special Bench clarified that DEPB receipts are to be included as part of business income for computing deductions under s. 80HHC(3) of the IT Act, following amendments introduced by the Finance Act, 2005. Assessments were set aside for reassessment based on the revised understanding, ensuring a fair process. Other appeals with distinct issues were referred to the Division Bench for separate consideration, aiming for a comprehensive resolution of all legal matters. en-us Fri, 12 Sep 2008 00:00:00 +0530 Sat, 03 Sep 2011 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71937 The Special Bench clarified that DEPB receipts are to be included as part of business income for computing deductions under s. 80HHC(3) of the IT Act, following amendments introduced by the Finance Act, 2005. Assessments were set aside for reassessment based on the revised understanding, ensuring a fair process. Other appeals with distinct issues were referred to the Division Bench for separate consideration, aiming for a comprehensive resolution of all legal matters. Case-Laws Income Tax Fri, 12 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71937