https://www.taxtmi.com/caselaws?id=78455 The court ruled in favor of the Revenue, setting aside the Tribunal's decision and clarifying that income from export incentives, such as DEPB benefits, does not qualify as income derived from an industrial undertaking for section 80-IB deduction. The court emphasized that previous judgments established that export incentives do not constitute eligible income for the deduction, and sales to an export house are irrelevant in this context. en-us Wed, 29 Sep 2010 00:00:00 +0530 Wed, 17 Nov 2010 18:32:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78455 The court ruled in favor of the Revenue, setting aside the Tribunal's decision and clarifying that income from export incentives, such as DEPB benefits, does not qualify as income derived from an industrial undertaking for section 80-IB deduction. The court emphasized that previous judgments established that export incentives do not constitute eligible income for the deduction, and sales to an export house are irrelevant in this context. Case-Laws Income Tax Wed, 29 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78455