https://www.taxtmi.com/caselaws?id=205392 The court addressed various issues related to the interpretation of profit under Sections 28(iiid) and 28(iiie) of the Income Tax Act, 1961, as well as the calculation of profit on the transfer of DEPB entitlement. It disposed of the questions by referring to a previous order and allowing the respondent to seek further recourse if aggrieved. Additionally, the court upheld the Tribunal's decision not to apply the provision of charging interest under Section 234D for the relevant assessment year, concluding that no interference was necessary. en-us Thu, 27 Jan 2011 00:00:00 +0530 Wed, 15 Jun 2011 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205392 The court addressed various issues related to the interpretation of profit under Sections 28(iiid) and 28(iiie) of the Income Tax Act, 1961, as well as the calculation of profit on the transfer of DEPB entitlement. It disposed of the questions by referring to a previous order and allowing the respondent to seek further recourse if aggrieved. Additionally, the court upheld the Tribunal's decision not to apply the provision of charging interest under Section 234D for the relevant assessment year, concluding that no interference was necessary. Case-Laws Income Tax Thu, 27 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205392